Youth and community nonprofits / Texas / Magnolia

Child day care

Gods Grace Learning Center

A tax-exempt nonprofit in Magnolia, Texas, classified by the IRS as child day care. For the year ending Dec 2023 it reported $1,762,651 in revenue and $1,389,919 in expenses.

Data as of November 8, 2026Markdown copyJSON data

What it says it does

“Learning center and day care”From the organization's Form 990 for the year ending Dec 2023, as written (including spelling); all-capital text shown in normal capitalization.

IRS facts

Type: Child day care (IRS activity code P33)

Mailing city (IRS): Magnolia, Texas 77355

EIN: 82-1551846

Tax status: 501(c)(3), eligible to receive tax-deductible donations; IRS-recognized as tax-exempt since 2018, per IRS records posted October 13, 2026.

Revenue on its latest IRS filing: $1,762,651 (year ending Dec 2023)

Check its status on IRS Tax Exempt Organization Search · Filings on ProPublica Nonprofit Explorer

Gods Grace Learning Center finances

From the annual returns the group files with the IRS (Form 990, or the shorter Form 990-EZ for smaller groups), 3 filed years. Net assets are what it owns minus what it owes; management and general is office, admin and insurance cost. A dash means not reported (the short form does not ask for employees or volunteers). Each figure links to that year's return. A year is left out when no return is in the IRS e-file data; that does not mean the group was inactive.

Revenue and expenses by yearDec 2020: revenue $843,888, expenses $724,504; Dec 2021: revenue $1,061,915, expenses $804,570; Dec 2023: revenue $1,762,651, expenses $1,389,919 Total revenueTotal expenses $844K$725KDec '20$1.1M$805KDec '21$1.8M$1.4MDec '23
Year endingDec 2020Dec 2021Dec 2023
Total revenue$843,888$1,061,915$1,762,651
Total expenses$724,504$804,570$1,389,919
Total assets$235,215$492,559$1,099,612
Liabilities$0$0$19,327
Net assets$235,215$492,559$1,080,285
Employees5347106
Volunteers533
IRS formForm 990Form 990Form 990

Where the money goes, year ending Dec 2023

Expense splitPrograms 100%

Where the money comes from, year ending Dec 2023

Revenue sourcesGifts and grants 30%, Program fees 70%, Investment income 0%

People: 106 employees and 3 volunteers reported for the year ending Dec 2023. Counts only; BackPR does not publish names of officers or staff.

Revenue trend: Growing. Revenue went from $843,888 (year ending Dec 2020) to $1,762,651 (Dec 2023), about +28% a year.

Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

Source: IRS Form 990 Series Downloads (the returns open on ProPublica Nonprofit Explorer, which republishes the IRS files). Figures are as the organization filed them. Texas nonprofit.

How it compares

The only child care nonprofit in Magnolia in our directory.

Size: revenue of $1,762,651 is higher than roughly 80 to 90% of the 124 child care nonprofits in Texas that report revenue to the IRS (the city count above also includes groups with none). The median is $565,129.

Revenue compared with similar groupsRevenue of $1,762,651 compared with child care nonprofits in Texas: the middle 80% earn between $126,032 and $2,146,818, the median is $565,129. 10th pct$126Kmedian$565K90th pct$2.1M This group $1.8M

Our analysis of the IRS Business Master File (posted October 13, 2026), using each group's latest reported revenue. Groups are sorted by revenue and split into ten equal bands, using all Texas groups of this type (Child care, which covers several IRS activity codes). Size only, not a rating.

Around Magnolia and its county

Montgomery County, Texas: the Census Bureau estimates about 190,255 children under 18 (July 1, 2024). This directory lists 363 youth and community nonprofits with a mailing ZIP code in the county, about 1.9 per 1,000 children. The count includes PTAs, arts and day care groups, so it is not a measure of places for kids.

This group's ZIP code is matched to the county that holds most of its area, so counts are approximate. County figures come from the Census Bureau's Vintage 2024 population estimates.

Licensed programs in Magnolia

20 licensed child care centers, 1 school-age programs are in state licensing records and listed in the BackPR finder. The examples below are not related to this organization.

licensed child care center

A Child's View

Magnolia, TX

State record

licensed child care center

Children's Universe of Magnolia

Magnolia, TX

State record

licensed child care center

Donnies Day Care

Magnolia, TX

State record

licensed child care center

Fishcreek Kids Academy LLC

Magnolia, TX

State record

licensed child care center

GOD'S GRACE LEARNING CENTER

Magnolia, TX

State record

licensed child care center

Harbor Kidz Academy LLC dba Caring Corner

Magnolia, TX

State record

Texas licensing rules · How BackPR works for child care nonprofits

Questions about Gods Grace Learning Center

What is Gods Grace Learning Center's EIN?

Gods Grace Learning Center's EIN (Employer Identification Number) is 82-1551846. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

Is Gods Grace Learning Center a nonprofit?

Yes. The IRS lists Gods Grace Learning Center in Magnolia, Texas as tax-exempt under section 501(c)(3), recognized since 2018. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

Are donations to Gods Grace Learning Center tax-deductible?

Yes, the IRS lists gifts to Gods Grace Learning Center as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

What does Gods Grace Learning Center do?

In its own words on its Form 990 for the year ending Dec 2023: "Learning center and day care" The IRS classifies it as: Child day care.

How much money does Gods Grace Learning Center take in?

For the year ending Dec 2023, Gods Grace Learning Center reported total revenue of $1,762,651 and total expenses of $1,389,919 on its Form 990 (IRS Form 990 e-file data).

Do you run this organization?

You can add your programs, season dates, ages, prices, registration link and logo to this page, or ask us to remove it. BackPR's free plan for 501(c)(3)s handles online registration, payments, waivers and attendance. No subscription and no BackPR fee on what families pay (card processing fees from Stripe still apply).

Add details to this page · Remove this page · About the free plan

Free forms for child care nonprofits

Source: IRS Exempt Organizations Business Master File, posted October 13, 2026. We list 501(c)(3) organizations whose IRS activity code is youth development, amateur sports, camps and recreation, parent-teacher groups, children's services, child day care or arts education. We show the city and ZIP code only, never a street address or contact person. A listing is not an endorsement.

Data as of November 8, 2026. Sources: IRS Business Master File (posted October 13, 2026), IRS Form 990 series e-file data, U.S. Census Bureau population estimates (July 1, 2024), state child care licensing records in the BackPR finder. Growth labels, ranks and percentiles are BackPR's own calculations.

Something wrong? Tell us and we'll fix or remove it.