Woon Headstart & Day Care Center
Only null% goes to programs Growing revenue
Woon Headstart & Day Care Center is a 501(c)(3) organization based in Woonsocket, Rhode Island, registered in 1974, with $6,168,426 in FY2024 revenue. CharityIndex grades it B.
204 Warwick St, Woonsocket, RI, 02895 EIN 05-0354966 Since 1974
Revenue (FY2024)
$6.2M
▲ 3.3% vs prior year
Human Services median: $293K
Expenses (FY2024)
$6.3M
Net assets
$2.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Woon Headstart & Day Care Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating5 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Woon Headstart & Day Care Center: 5 mo reserves · -2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Woon Headstart & Day Care Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Woon Headstart & Day Care Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 204 Warwick St, Woonsocket, RI, 02895
- City
- Woonsocket
- State
- Rhode Island
- Category
- Human Services
- Subcategory
- Children & Youth Services
- Website
- …
Financial trends
Revenue grew from $3.1M (FY2013) to $6.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $749KNet assets $2.4M
Operating margin
-1.7%
Spent more than it raised in the latest fiscal year.
Total assets
$3.2M
Total liabilities
$749K
Net assets
$2.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,168,426▲3.3% | $6,276,036▲4.3% | $2,448,347▼4.2% | $3,197,525▼6.5% | 990 |
| 2023 | $5,972,840▲8.0% | $6,018,809▲7.1% | $2,555,957▼1.8% | $3,419,015▲0.4% | 990 |
| 2022 | $5,529,908▲9.4% | $5,621,246▲13.7% | $2,601,926▼3.4% | $3,404,946▼10.0% | 990 |
| 2021 | $5,052,834▲7.7% | $4,944,956▲11.3% | $2,693,264▲4.2% | $3,784,463▲5.2% | 990 |
| 2020 | $4,690,046▲13.2% | $4,443,980▲7.9% | $2,585,386▲10.5% | $3,596,274▲12.9% | 990 |
| 2019 | $4,143,514▲0.2% | $4,117,225 | $2,339,320▲1.1% | $3,184,091▼2.3% | 990 |
| 2018 | $4,135,889▲9.1% | $4,117,338▲9.6% | $2,313,031▲0.8% | $3,260,077▲1.4% | 990 |
| 2017 | $3,789,753▲1.9% | $3,758,075▲0.9% | $2,294,480▲0.8% | $3,213,842▼10.5% | 990 |
| 2016 | $3,720,220▼0.9% | $3,725,024▼1.2% | $2,275,452▼0.2% | $3,591,331▲23.4% | 990 |
| 2015 | $3,754,509▲9.2% | $3,772,157▲11.0% | $2,280,256▼0.8% | $2,909,280▼1.9% | 990 |
| 2014 | $3,438,626▲9.8% | $3,397,113▲7.6% | $2,297,904▲1.8% | $2,965,650▼0.1% | 990 |
| 2013 | $3,132,424 | $3,158,232▲7.5% | $2,256,391▼1.1% | $2,969,607▼2.2% | 990 |
| 2012 | — | $2,938,297▼8.8% | $2,282,199▼6.4% | $3,036,595▲6.4% | 990 |
| 2009 | — | $3,221,736 | $2,438,844 | $2,854,709 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $94K total
2 grants to Woon Headstart & Day Care Center totaling $94K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Local Initiatives Support Corporation | See part iv | 2020 | $87,247 |
| Local Initiatives Support Corporation | See part iv | 2017 | $7,000 |
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Frequently asked questions
- Is Woon Headstart & Day Care Center a legitimate nonprofit?
- Yes. Woon Headstart & Day Care Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 05-0354966, based in Woonsocket, Rhode Island. Donations are tax-deductible.
- What is Woon Headstart & Day Care Center's EIN?
- Woon Headstart & Day Care Center's Employer Identification Number (EIN) is 05-0354966.
- How much revenue does Woon Headstart & Day Care Center report?
- Woon Headstart & Day Care Center reported $6,168,426 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Woon Headstart & Day Care Center have?
- CharityIndex grades Woon Headstart & Day Care Center B, based on financial health (reserves and operating margin).
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Data for Woon Headstart & Day Care Center (EIN 05-0354966) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.