Geo-Son Child Care Services Inc

Analysis

Geo-Son Child Care Services Inc is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in February 2005, 21 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, Geo-Son Child Care Services Inc reported income of $6.4m and spending of $6.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $6.4m (+29%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Geo-Son Child Care Services Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Springboard Center ($6.4m), Diverse Journeys Inc ($6.4m) and Bethel Lutheran Home ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $154k (2.4% of expenses). Other salaries and wages came to $463k. At year end it held assets of $695k against liabilities of $474k, net assets of $221k. It reported 13 employees.