Gingerbread Preschool & Child Care Center

Analysis

Gingerbread Preschool & Child Care Center is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in November 2002, 24 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, Gingerbread Preschool & Child Care Center reported income of $536k and spending of $448k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $192k to $536k (+180%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 325%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gingerbread Preschool & Child Care Center 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 72nd percentile within WI. Charities of a similar size with the same main cause include Massachusetts Science & Engineering Fair Inc ($536k), Portland Workforce Alliance ($536k) and Side X Side Inc ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $53k (12% of expenses). Other salaries and wages came to $249k. At year end it held assets of $229k against liabilities of $84k, net assets of $145k. It reported 21 employees.