Wonders Early Learning and Extended Day Inc

Analysis

Wonders Early Learning and Extended Day Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in July 1977, 49 years ago. 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 August 2023, Wonders Early Learning and Extended Day Inc reported income of $4.7m and spending of $5.3m, spending 112% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.6m to $4.7m (+1.8%), an average of +0.5% a year. The sharpest change came in the year to August 2022, when income rose by 67%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wonders Early Learning and Extended Day Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Grand Lodge of the English Language Jurisdiction of the Ancient Mystic ($4.7m), The Eagle Academy Foundation Inc ($4.7m) and Corporacion LA Fondita de Jesus ($4.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $183k (3.5% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $1.4m against liabilities of $1.2m, net assets of $181k. It reported 127 employees.