Greensboro Community Childcare Center

Analysis

Greensboro Community Childcare Center is a registered charity in United States, based in Greensbro BND, VT. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Greensboro Community Childcare Center reported income of $419k and spending of $438k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $442k to $419k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greensboro Community Childcare Center sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 61st percentile within VT. Charities of a similar size with the same main cause include Hope That Binds Inc ($419k), Meals on Wheels Texas ($419k) and Harmony House Inc ($419k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $61k (14% of expenses). Other salaries and wages came to $231k. At year end it held assets of $372k against liabilities of $20k, net assets of $352k. It reported 16 employees.