Giggles & Grace Early Learning Center
Analysis
Giggles & Grace Early Learning Center is a registered charity in United States, based in Ontario, OR. It received its IRS tax-exemption ruling in July 2014, 12 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 June 2023, Giggles & Grace Early Learning Center reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $830k to $1.3m (+59%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 89% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Giggles & Grace Early Learning Center sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include Faith in Action Inc ($1.3m), Encompass Ministries Inc ($1.3m) and Bear-O Care ($1.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 27% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $715k against liabilities of $0, net assets of $715k. It reported 48 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Faith in Action Inc | Chelsea | $1.3m |
| Encompass Ministries Inc | Woodstock | $1.3m |
| Bear-O Care | Riverton | $1.3m |
| World-Class Childcare Inc | Grayson | $1.3m |