Rhemas Gentle Care Child Development Center

Analysis

Rhemas Gentle Care Child Development Center is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rhemas Gentle Care Child Development Center reported income of $525k and spending of $419k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $253k to $525k (+107%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 79% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rhemas Gentle Care Child Development Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Tangi Community Development Corporation ($525k), Junior League of Charlotte Inc ($525k) and Urban Commonwealth CDC Inc ($525k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $169k. At year end it held assets of $308k against liabilities of $1,410, net assets of $307k. It reported 13 employees.