Gulf Regional Early Childhood Services Inc

Analysis

Gulf Regional Early Childhood Services Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in July 1992, 34 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 September 2023, Gulf Regional Early Childhood Services Inc reported income of $14.7m and spending of $15.3m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.4m to $14.7m (+100%), an average of +19% a year. The sharpest change came in the year to September 2020, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gulf Regional Early Childhood Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Developmental Services Center of Champaign County Inc ($14.7m), Chinese Information and Service ($14.7m) and Social Current Inc ($14.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $347k (2.3% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $4.9m against liabilities of $549k, net assets of $4.4m. It reported 175 employees.