Trinity Hill Child Care Center Inc

Analysis

Trinity Hill Child Care Center Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 1983, 43 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 June 2023, Trinity Hill Child Care Center Inc reported income of $540k and spending of $626k, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $414k to $540k (+30%), an average of +9.2% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Hill Child Care Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within KY. Charities of a similar size with the same main cause include Hannahs Place Inc ($540k), St Patricks Housing Corporation II ($540k) and The Nicholson Project ($540k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $175k (28% of expenses). Other salaries and wages came to $323k. At year end it held assets of $52k against liabilities of $1,622, net assets of $50k. It reported 20 employees.