G-R Daycare Inc

Analysis

G-R Daycare Inc is a registered charity in United States, based in Reinbeck, IA. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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 June 2023, G-R Daycare Inc reported income of $997k and spending of $1.1m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $586k to $997k (+70%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, G-R Daycare Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within IA. Charities of a similar size with the same main cause include Koinonia Farm ($997k), Volunteers of America Inc ($998k) and Main Street Foundation ($997k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $775k. At year end it held assets of $960k against liabilities of $19k, net assets of $942k. It reported 64 employees.