Wee Care Child Center Inc

Analysis

Wee Care Child Center Inc is a registered charity in United States, based in Plainview, TX. It received its IRS tax-exemption ruling in September 1981, 45 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, Wee Care Child Center Inc reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 6 years on record, from August 2018 to August 2023, income grew from $898k to $1.6m (+78%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 47%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wee Care Child Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Greater Twin Cities Youth Symphonies ($1.6m), Sonshine Day Preschool Inc ($1.6m) and Bay Area Womens Center ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Other salaries and wages came to $966k. At year end it held assets of $1.2m against liabilities of $13k, net assets of $1.2m. It reported 72 employees.