Tinyhearts Childcare Center Inc

Analysis

Tinyhearts Childcare Center Inc is a registered charity in United States, based in Roslyn, NY. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tinyhearts Childcare Center Inc reported income of $934k and spending of $985k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $565k to $934k (+65%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tinyhearts Childcare Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Fathers House Christian Center ($934k), Quinsigamond Community College Foundation Inc ($934k) and Inspire ND Inc ($934k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $174k (18% of expenses). Other salaries and wages came to $413k. At year end it held assets of $64k against liabilities of $634, net assets of $64k. It reported 30 employees.