Gibbstown School Age Child Care

Analysis

Gibbstown School Age Child Care is a registered charity in United States, based in Gibbstown, NJ. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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 2024, Gibbstown School Age Child Care reported income of $166k and spending of $192k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $199k to $166k (-17%), an average of -17% a year. The sharpest change came in the year to June 2024, when income dropped by 17%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gibbstown School Age Child Care sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Marshfield Youth Hockey Association Inc ($166k), Garfield Memorial United Methodist Church Foundation ($166k) and Korean American Womens Association of Chicago ($166k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $47k against liabilities of $921, net assets of $46k.