Weavers Way Community Programs

Analysis

Weavers Way Community Programs is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2022, Weavers Way Community Programs reported income of $553k and spending of $540k, spending 98% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $481k to $553k (+15%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Weavers Way Community Programs sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Harvest 61 Ministries Inc ($553k), I Believe in Me Inc ($554k) and Starlet Academy a NJ Nonprofit Corporation ($552k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (12% of expenses). Other salaries and wages came to $113k. At year end it held assets of $462k against liabilities of $11k, net assets of $451k. It reported 3 employees.