Spring Hollow Community Learning Center
Analysis
Spring Hollow Community Learning Center is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in May 1998, 28 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 May 2024, Spring Hollow Community Learning Center reported income of $219k and spending of $202k, spending 92% of its income. Across the 3 years on record, from May 2022 to May 2024, income fell from $242k to $219k (-9.4%), an average of -4.8% a year. Over the whole period it spent 89% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spring Hollow Community Learning Center sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Selahs Center of Hope Inc ($219k), Clothes Closet Inc ($219k) and Upper Merion Township Foundation ($219k).
On its Form 990 for the period ending May 2024, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. Other salaries and wages came to $110k. At year end it held assets of $303k against liabilities of $234, net assets of $303k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.3%
- Program services 98%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Selahs Center of Hope Inc | Monroe | $219k |
| Clothes Closet Inc | LK Havasu Cty | $219k |
| Upper Merion Township Foundation | KNG of Prussa | $219k |
| Hill Country Council on Alcohol & Drug Abuse Inc | Kerrville | $219k |