Childrens Weekday Program

Analysis

Childrens Weekday Program is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Childrens Weekday Program reported income of $414k and spending of $397k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $275k to $414k (+50%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 31%. 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, Childrens Weekday Program sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Israel Renaissance Fund Inc ($414k), Newton Schools Foundation Inc ($414k) and Indiana University Research & Technology Corp ($414k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $42k (11% of expenses). Other salaries and wages came to $235k. At year end it held assets of $420k against liabilities of $158k, net assets of $262k. It reported 16 employees.