Gingerbread House Early Learning Center

Analysis

Gingerbread House Early Learning Center is a registered charity in United States, based in Alamosa, CO. It received its IRS tax-exemption ruling in May 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Gingerbread House Early Learning Center reported income of $1.1m and spending of $1.4m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $942k to $1.1m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gingerbread House Early Learning Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Turning Point Domestic Violence Services Inc ($1.1m), Kingman Aid to Abused People ($1.1m) and Community Helping Place Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $61k (4.4% of expenses). Other salaries and wages came to $895k. At year end it held assets of $1.0m against liabilities of $5,422, net assets of $1.0m. It reported 50 employees.