CBC Wee Care Center Inc

Analysis

CBC Wee Care Center Inc is a registered charity in United States, based in Magnolia, AR. It received its IRS tax-exemption ruling in March 2000, 26 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, CBC Wee Care Center Inc reported income of $579k and spending of $527k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $318k to $579k (+82%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CBC Wee Care Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within AR. Charities of a similar size with the same main cause include Family Connections Center Inc ($579k), Kitchen on the Street Inc ($579k) and Parent to Parent of New York State ($579k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $423k. At year end it held assets of $113k against liabilities of $3,625, net assets of $110k. It reported 36 employees.