Great Beginnings Christian Child Care Center Inc

Analysis

Great Beginnings Christian Child Care Center Inc is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Great Beginnings Christian Child Care Center Inc reported income of $640k and spending of $596k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $569k to $640k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 93%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Great Beginnings Christian Child Care Center Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Cornerstone Christian Child Development Center Inc ($640k), Knowledge Center at Chaddock ($640k) and Christopher Rose Community Empowerment Campaign Inc ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $82k (14% of expenses). Other salaries and wages came to $381k. At year end it held assets of $506k against liabilities of $79k, net assets of $427k. It reported 59 employees.