Wee Care in Lake City

Analysis

Wee Care in Lake City is a registered charity in United States, based in Lake City, CO. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wee Care in Lake City reported income of $114k and spending of $97k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $114k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wee Care in Lake City sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within CO. Charities of a similar size with the same main cause include African Centres for Lightning and Electromagnetics Network Inc ($114k), Nashua Education Foundation ($114k) and The Friends of the Redwood City Pub Lic Library Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. At year end it held assets of $156k against liabilities of $840, net assets of $155k.