World-Class Childcare Inc

Analysis

World-Class Childcare Inc is a registered charity in United States, based in Grayson, GA. It received its IRS tax-exemption ruling in August 2018, 8 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, World-Class Childcare Inc reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $978k to $1.3m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, World-Class Childcare Inc 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 85th percentile within GA. Charities of a similar size with the same main cause include Encompass Ministries Inc ($1.3m), Family Resource Center ($1.3m) and Giggles & Grace Early Learning Center ($1.3m).

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 $148k (11% of expenses). At year end it held assets of $1.0m against liabilities of $155k, net assets of $851k. It reported 13 employees.