Small Wonders Day Care & Preschool Inc

Analysis

Small Wonders Day Care & Preschool Inc is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Small Wonders Day Care & Preschool Inc reported income of $1.8m and spending of $1.2m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $531k to $1.8m (+248%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Small Wonders Day Care & Preschool Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Central High School Foundation ($1.8m), The Soulfisher Ministries ($1.8m) and Reynolds Mountain Christian Academy ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $34k (2.9% of expenses). Other salaries and wages came to $417k. At year end it held assets of $2.2m against liabilities of $628k, net assets of $1.6m. It reported 42 employees.