Wildflower Cottage for Children Inc

Analysis

Wildflower Cottage for Children Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in April 2016, 10 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Wildflower Cottage for Children Inc reported income of $1.0m and spending of $861k, spending 86% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $287k to $1.0m (+250%), an average of +28% a year. The sharpest change came in the year to July 2020, when income rose by 98%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wildflower Cottage for Children Inc 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 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Concord Review ($1.0m), Chicago Human Rhythm Project ($1.0m) and Metasport FC Inc ($1.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $68k (7.8% of expenses). Other salaries and wages came to $500k. At year end it held assets of $1.8m against liabilities of $966k, net assets of $825k. It reported 26 employees.