Greater Love Childcare Development Inc

Analysis

Greater Love Childcare Development Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Love Childcare Development Inc reported income of $666k and spending of $524k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $394k to $666k (+69%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greater Love Childcare Development Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Dauphin County Community Fund ($666k), Epiphany School Foundation Inc ($666k) and Canopy Communities Coporation ($666k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $27k (5.1% of expenses). Other salaries and wages came to $189k. At year end it held assets of $261k against liabilities of $134k, net assets of $127k. It reported 10 employees.