Grundy Community Preschool and Child Care Association

Analysis

Grundy Community Preschool and Child Care Association is a registered charity in United States, based in Grundy Center, IA. It received its IRS tax-exemption ruling in March 1990, 36 years ago. 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, Grundy Community Preschool and Child Care Association reported income of $512k and spending of $537k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $512k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grundy Community Preschool and Child Care Association 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 IA. Charities of a similar size with the same main cause include North Central Camp Cherith ($512k), Our Little Brothers & Sisters Inc ($512k) and Boy Scouts of America ($512k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $112k (21% of expenses). Other salaries and wages came to $286k. At year end it held assets of $507k against liabilities of $6,979, net assets of $500k. It reported 27 employees.