Grace Assembly Day Care

Analysis

Grace Assembly Day Care is a registered charity in United States, based in Spring City, PA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Grace Assembly Day Care reported income of $812k and spending of $881k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $788k to $812k (+3.1%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Assembly Day Care sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Casa of South Texas ($812k), Puentes de Esperanza-Bridges of Hope ($812k) and Urban League of Northwest Indiana Inc ($812k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $111k (13% of expenses). Other salaries and wages came to $531k. At year end it held assets of $392k against liabilities of $0, net assets of $392k. It reported 31 employees.