Towers Play N Learn Center

Analysis

Towers Play N Learn Center is a registered charity in United States, based in Woodside, NY. It received its IRS tax-exemption ruling in July 2002, 24 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, Towers Play N Learn Center reported income of $281k and spending of $313k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $281k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 95%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Towers Play N Learn Center sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Pieces Peaces ($281k), Lebanon Community of Shalom Incorporated ($281k) and Shina Inc ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $234k. At year end it held assets of $78k against liabilities of $0, net assets of $78k. It reported 5 employees.