Grandmas House Day Care

Analysis

Grandmas House Day Care is a registered charity in United States, based in Clarinda, IA. It received its IRS tax-exemption ruling in February 2004, 22 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, Grandmas House Day Care reported income of $859k and spending of $742k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $420k to $859k (+105%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grandmas House Day Care sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include All 4 Paws Rescue ($859k), The Gurdjieff Foundation Inc ($860k) and Northwest Family Services Inc ($859k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $43k (5.8% of expenses). Other salaries and wages came to $433k. At year end it held assets of $664k against liabilities of $332k, net assets of $332k. It reported 44 employees.