Thornfield Hall Inc

Analysis

Thornfield Hall Inc is a registered charity in United States, based in Thompson, CT. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Thornfield Hall Inc reported income of $2.5m and spending of $2.4m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.7m to $2.5m (+52%), an average of +11% a year. The sharpest change came in the year to September 2020, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thornfield Hall Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within CT. Charities of a similar size with the same main cause include Community Residential Services Inc ($2.5m), Youth for Christ USA Inc ($2.5m) and Rebound Inc ($2.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $136k (5.7% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $9.6m against liabilities of $724k, net assets of $8.9m. It reported 30 employees.