Little Giggles Daycare

Analysis

Little Giggles Daycare is a registered charity in United States, based in Beatrice, NE. It received its IRS tax-exemption ruling in November 2017, 9 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, Little Giggles Daycare reported income of $1.0m and spending of $1.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $500k to $1.0m (+105%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little Giggles Daycare sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within NE. Charities of a similar size with the same main cause include Halo Project International Foundation ($1.0m), Cody Rouge Community Action Alliance Inc ($1.0m) and South Street Ministries Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $43k (4.1% of expenses). Other salaries and wages came to $651k. At year end it held assets of $41k against liabilities of $47k, net assets of -$6,351. It reported 85 employees.