Garden Gate Child Development Center Inc

Analysis

Garden Gate Child Development Center Inc is a registered charity in United States, based in Oak Bluffs, MA. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Garden Gate Child Development Center Inc reported income of $462k and spending of $399k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $286k to $462k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Garden Gate Child Development Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Come and See Preschool & After School ($462k), Feast Down East Inc ($462k) and A Touch of Understanding Inc ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $120k (30% of expenses). Other salaries and wages came to $167k. At year end it held assets of $363k against liabilities of $103k, net assets of $260k. It reported 12 employees.