Gallatin Day Care Center Inc

Analysis

Gallatin Day Care Center Inc is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in September 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Gallatin Day Care Center Inc reported income of $1.2m and spending of $1.0m, spending 84% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $669k to $1.2m (+80%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 44%. 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, Gallatin Day Care Center 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 81st percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Ronald McDonald House of Scranton Inc ($1.2m), Quality Enterprises of Lawton Inc ($1.2m) and Pollination Project Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $670k. At year end it held assets of $914k against liabilities of $56k, net assets of $858k. It reported 44 employees.