Hillwood Playcare Inc

Analysis

Hillwood Playcare Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Hillwood Playcare Inc reported income of $851k and spending of $898k, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $668k to $851k (+27%), an average of +6.2% a year. The sharpest change came in the year to August 2021, when income rose by 756%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hillwood Playcare 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 79th percentile within TN. Charities of a similar size with the same main cause include Childrens Center of Brookline & Greater Boston Inc ($851k), Naramake Childrens Scholarship Foundation Inc ($851k) and Redlands Community Foundation ($851k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $99k (11% of expenses). Other salaries and wages came to $439k. At year end it held assets of $417k against liabilities of $102k, net assets of $316k. It reported 33 employees.