Hawfields Presbyterian Child Care & Development Center Incorporated

Analysis

Hawfields Presbyterian Child Care & Development Center Incorporated is a registered charity in United States, based in Mebane, NC. It received its IRS tax-exemption ruling in August 1969, 57 years ago. 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 December 2023, Hawfields Presbyterian Child Care & Development Center Incorporated reported income of $2.2m and spending of $1.8m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.2m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hawfields Presbyterian Child Care & Development Center Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Elderhaus Adult Day Program Inc ($2.2m), Coro Southern California Inc ($2.2m) and Fountain Hill Center for Counseling and Consultation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 84% of the total. Compensation of current officers, directors and key employees was $96k (5.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.5m against liabilities of $2,140, net assets of $1.5m. It reported 61 employees.