Greater Quincy Child Care Center Inc

Analysis

Greater Quincy Child Care Center Inc is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in November 1988, 38 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 December 2023, Greater Quincy Child Care Center Inc reported income of $1.5m and spending of $1.4m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.5m (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Quincy Child Care Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Healthy Child Care Colorado ($1.5m), Nevada Coalition to End Domestic and Sexual Violence ($1.5m) and High Socks for Hope Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $78k (5.8% of expenses). Other salaries and wages came to $772k. At year end it held assets of $2.5m against liabilities of $2.0m, net assets of $453k. It reported 23 employees.