Merryhill Child Care Center Inc

Analysis

Merryhill Child Care Center Inc is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in January 1990, 36 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 June 2024, Merryhill Child Care Center Inc reported income of $442k and spending of $511k, spending 116% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $292k to $442k (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Merryhill Child Care Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Maddies Footprints ($442k), St James Conference ($442k) and Bread of Life Ministries of Minnesota ($442k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $76k (15% of expenses). Other salaries and wages came to $271k. At year end it held assets of $508k against liabilities of $232k, net assets of $276k. It reported 12 employees.