Weaver Child Development Center Inc

Analysis

Weaver Child Development Center Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Weaver Child Development Center Inc reported income of $739k and spending of $659k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $428k to $739k (+73%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Weaver Child Development Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OH. Charities of a similar size with the same main cause include Ward After-School Program Inc ($739k), Idaho Learning Center ($739k) and Rio Hondo College Foundation ($739k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.8% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $72k (11% of expenses). Other salaries and wages came to $394k. At year end it held assets of $681k against liabilities of $32k, net assets of $649k. It reported 20 employees.