Thorn Hill Education Center Foundation Inc

Analysis

Thorn Hill Education Center Foundation Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Thorn Hill Education Center Foundation Inc reported income of $847k and spending of $690k, spending 81% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $803k to $847k (+5.4%), an average of +1.1% a year. The sharpest change came in the year to June 2024, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thorn Hill Education Center Foundation 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 77th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include Emerald School of Excellence Inc ($847k), Middleburg Montessori School ($847k) and Step Forward Global Ministries Inc ($847k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 0.7% of the total. Other salaries and wages came to $325k. At year end it held assets of $519k against liabilities of $63k, net assets of $456k. It reported 19 employees.