We Care Learning and Development Center

Analysis

We Care Learning and Development Center is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, We Care Learning and Development Center reported income of $608k and spending of $560k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $608k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, We Care Learning and Development Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Collegeready Inc ($608k), Faithbridge ($608k) and Santa Cruz Childrens Foundation ($607k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $328k. At year end it held assets of $712k against liabilities of $377k, net assets of $335k.