Greenacres Child Care Center

Analysis

Greenacres Child Care Center is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Greenacres Child Care Center reported income of $381k and spending of $356k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $381k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2022, when income rose by 178%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greenacres Child Care Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Bright Futures Growth and Development Center ($380k), Faith Choice Ohio ($381k) and Double B Missions Cafe Inc ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $194k. At year end it held assets of $174k against liabilities of $6,250, net assets of $168k. It reported 8 employees.