Tusculum Child Care Center

Analysis

Tusculum Child Care Center is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tusculum Child Care Center reported income of $686k and spending of $656k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $686k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tusculum Child Care Center 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 75th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Mending the Sacred Hoop ($686k), Stone Soup Inc ($686k) and Streetside Showers Inc ($686k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $93k (14% of expenses). Other salaries and wages came to $348k. At year end it held assets of $167k against liabilities of $14k, net assets of $152k. It reported 20 employees.