Government Center Child Care Corporation

Analysis

Government Center Child Care Corporation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Government Center Child Care Corporation reported income of $1.0m and spending of $823k, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $995k to $1.0m (+5.4%), an average of +1.3% a year. The sharpest change came in the year to September 2021, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Government Center Child Care Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Reach Foundation ($1.0m), Pathways Shelter for the Homeless Inc ($1.0m) and Cetera Inc ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $73k (8.9% of expenses). Other salaries and wages came to $455k. At year end it held assets of $876k against liabilities of $37k, net assets of $839k. It reported 14 employees.