The Golden Connection Childcare Center

Analysis

The Golden Connection Childcare Center is a registered charity in United States, based in Marks, MS. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Golden Connection Childcare Center reported income of $306k and spending of $299k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $152k to $306k (+102%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 153%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Golden Connection Childcare Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MS. Charities of a similar size with the same main cause include Dayspring Childrens Center ($306k), Harleys Dream ($306k) and Hill House Ministries ($306k).

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 $210k. At year end it held assets of $4,471 against liabilities of $0, net assets of $4,471.