Knight Hall School and Child Care Center Inc

Analysis

Knight Hall School and Child Care Center Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in November 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Knight Hall School and Child Care Center Inc reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $725k to $1.1m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knight Hall School and Child Care Center Inc sits at the 77th 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 CT. Charities of a similar size with the same main cause include Palmetto Christian Academy of Gaffn ($1.1m), Boylston Schul-Verein ($1.1m) and Making Community Connections Charter School ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $93k (8.3% of expenses). Other salaries and wages came to $661k. At year end it held assets of $509k against liabilities of $219k, net assets of $290k. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.