Tipp City Enrichment Program Inc

Analysis

Tipp City Enrichment Program Inc is a registered charity in United States, based in Tipp City, OH. It received its IRS tax-exemption ruling in December 2007, 19 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 August 2023, Tipp City Enrichment Program Inc reported income of $867k and spending of $570k, leaving 34% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $532k to $867k (+63%), an average of +13% a year. The sharpest change came in the year to August 2023, when income rose by 63%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tipp City Enrichment Program Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Millicent Library ($867k), Kid Spark Education ($867k) and The Tandana Foundation Inc ($867k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $49k (8.6% of expenses). Other salaries and wages came to $336k. At year end it held assets of $581k against liabilities of $2,043, net assets of $579k. It reported 36 employees.