George Community Daycare Inc
Analysis
George Community Daycare Inc is a registered charity in United States, based in George, IA. It received its IRS tax-exemption ruling in March 2019, 7 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, George Community Daycare Inc reported income of $434k and spending of $471k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $552k to $434k (-21%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 93% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, George Community Daycare Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Potters House Ministries Inc ($434k), Raise Texas ($434k) and Washington Institute for Financial Security ($434k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Other salaries and wages came to $318k. At year end it held assets of $195k against liabilities of $1,335, net assets of $193k. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 80%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Potters House Ministries Inc | Portsmouth | $434k |
| Raise Texas | Austin | $434k |
| Washington Institute for Financial Security | Louisville | $434k |
| Childrens Advocacy Center of Thomas County Inc | Thomasville | $434k |