Greenway Learning Center for Infants and Children Inc
Analysis
Greenway Learning Center for Infants and Children Inc is a registered charity in United States, based in Greenbelt, MD. It received its IRS tax-exemption ruling in February 1993, 33 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 December 2023, Greenway Learning Center for Infants and Children Inc reported income of $651k and spending of $558k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $545k to $651k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 87% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenway Learning Center for Infants and Children Inc 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 74th percentile, and in the 73rd percentile within MD. Charities of a similar size with the same main cause include Prairie View Home ($651k), Life Challenge of Amarillo Inc ($651k) and North Clackamas Urban Watersheds Council ($651k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $84k (15% of expenses). Other salaries and wages came to $299k. At year end it held assets of $552k against liabilities of $105k, net assets of $447k. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 8.1%
- Program services 90%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Prairie View Home | Garner | $651k |
| Life Challenge of Amarillo Inc | Amarillo | $651k |
| North Clackamas Urban Watersheds Council | Milwaukie | $651k |
| National Tax Association Tax Institute of America | Leesburg | $651k |