We Care Learning And Development Center
EIN: 471912446 · Philadelphia, PA · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $707K |
| Total Expenses | $560K |
| Net Assets | $335K |
Is We Care Learning And Development Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About We Care Learning And Development Center
We Care Learning And Development Center (EIN: 471912446) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B21. The organization reported total revenue of $707K and total assets of $768K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of We Care Learning And Development Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
We Care Learning And Development Center is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 32.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $608K |
| Total Expenses | $560K |
| Surplus / Deficit | +$47K |
| Total Assets | $712K |
| Total Liabilities | $377K |
| Net Assets | $335K |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 53.0% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, We Care Learning And Development Center reported a surplus of $47K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 53.0% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), We Care Learning And Development Center's revenue has grown at a compound annual growth rate (CAGR) of 32.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.6% | +11.2% | -1.2% |
| 2022 | -16.7% | -16.1% | +7.7% |
| 2021 | +15.7% | +31.4% | +1.4% |
| 2020 | +16.5% | +5.0% | +39.8% |
| 2019 | +211.3% | +217.8% | +211.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for We Care Learning And Development Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates We Care Learning And Development Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $47K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.0%.
Frequently Asked Questions about We Care Learning And Development Center
Is We Care Learning And Development Center a legitimate charity?
We Care Learning And Development Center (EIN: 471912446) is a registered tax-exempt nonprofit based in Pennsylvania. It has 6 years of IRS 990 filings on record. Total revenue: $707K. No red flags identified. Financial health grade: A.
How does We Care Learning And Development Center spend its money?
We Care Learning And Development Center reported $707K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to We Care Learning And Development Center tax-deductible?
We Care Learning And Development Center is registered as a tax-exempt nonprofit (EIN: 471912446). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is We Care Learning And Development Center located?
We Care Learning And Development Center is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 471912446. It is classified under NTEE code B21.
How many years of IRS 990 filings does We Care Learning And Development Center have?
We Care Learning And Development Center has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $707K in total revenue.
Filing History
IRS 990 filing history for We Care Learning And Development Center showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), We Care Learning And Development Center's revenue has grown by 300.6%, moving from $152K to $608K. Total assets increased by 369.4% over the same period, from $152K to $712K. Total functional expenses rose by 309.2%, from $137K to $560K. In its most recent filing year (2023), We Care Learning And Development Center reported a surplus of $47K, with revenue exceeding expenses. The organization holds $377K in liabilities against $712K in assets (debt-to-asset ratio: 53.0%), resulting in net assets of $335K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $608K | $560K | $712K | $377K | — | — |
| 2022 | $530K | $504K | $720K | $436K | — | — |
| 2021 | $636K | $600K | $669K | $411K | — | — |
| 2020 | $550K | $457K | $660K | $482K | — | View 990 |
| 2019 | $472K | $435K | $472K | $435K | — | View 990 |
| 2018 | $152K | $137K | $152K | $137K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $608K, expenses of $560K, and assets of $712K (revenue +14.6% year-over-year).
- 2022: Revenue of $530K, expenses of $504K, and assets of $720K (revenue -16.7% year-over-year).
- 2021: Revenue of $636K, expenses of $600K, and assets of $669K (revenue +15.7% year-over-year).
- 2020: Revenue of $550K, expenses of $457K, and assets of $660K (revenue +16.5% year-over-year).
- 2019: Revenue of $472K, expenses of $435K, and assets of $472K (revenue +211.3% year-over-year).
- 2018: Revenue of $152K, expenses of $137K, and assets of $152K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for We Care Learning And Development Center:
Data Sources and Methodology
This transparency report for We Care Learning And Development Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.