Gallatin Child Care Center Inc

Analysis

Gallatin Child Care Center Inc is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gallatin Child Care Center Inc reported income of $531k and spending of $440k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $527k to $531k (+0.8%), an average of +0.3% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gallatin Child Care Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Kensington Nursery School Incorporated ($531k), Construction Teamsters Apprentice Program for Southern California ($531k) and Western Covenant University ($531k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $69k (16% of expenses). Other salaries and wages came to $260k. At year end it held assets of $372k against liabilities of $1,033, net assets of $371k. It reported 20 employees.