Terrapin House Inc

Analysis

Terrapin House Inc is a registered charity in United States, based in Emmaus, PA. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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, Terrapin House Inc reported income of $1.6m and spending of $1.5m, spending 97% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $1.4m to $1.6m (+11%), an average of +3.4% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Terrapin House Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Webster Montessori School ($1.6m), Peace Early Learning Center Inc ($1.6m) and Hillel the Foundation for Jewish Campus Life ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $611k against liabilities of $66k, net assets of $545k. It reported 43 employees.