Great Beginnings Early Childhood Center

Analysis

Great Beginnings Early Childhood Center is a registered charity in United States, based in Delta, CO. It received its IRS tax-exemption ruling in October 2008, 18 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 June 2023, Great Beginnings Early Childhood Center reported income of $252k and spending of $287k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $237k to $252k (+6.1%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 18%. 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, Great Beginnings Early Childhood Center sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include GP Made Foundation Inc ($252k), Peterborough Area Community Aid Inc ($252k) and Yolandas World of Learning Center Inc ($252k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $42k (15% of expenses). Other salaries and wages came to $180k. At year end it held assets of $9,890 against liabilities of $8,239, net assets of $1,651. It reported 13 employees.