Wednesdays Child Inc

Analysis

Wednesdays Child Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Wednesdays Child Inc reported income of $102k and spending of $141k, spending 138% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $116k to $102k (-11%), an average of -11% a year. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wednesdays Child Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within KY. Charities of a similar size with the same main cause include Fountain of Life Africa ($102k), Mercy Ecology Inc ($102k) and Desert Manna Food Pantry Inc ($102k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.