Grace Covenant Child Development Center

Human services organization based in Richmond, VA. 51 employees. Exempt under §501(c)(3).

MissionThe Grace Covenant Child Development Center's primary purpose is to provide a child care center for working parents in which the children from a broad range of social, economic and ethnic backgrounds are taught the values of a Christian life in a loving, nurturing and educational

Financial snapshot · TY 2024

$1.4M
Total revenue
$1.4M
Total expenses
$670K
Net assets

Financial health · TY 2024

54
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
32
5.8 months of expenses
Program efficiency
100
96.7% spent on programs
Revenue diversity
5
Mix of program fees, grants & contributions

Leadership compensation

Margina Grow
Executive Director
$85,000
35th percentile vs. peers

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Grace Covenant Child Development Center Executive Compensation | 990 Data | DoubleNine