Penguin Players Ltd

Analysis

Penguin Players Ltd is a registered charity in United States, based in Thiells, NY. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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, Penguin Players Ltd reported income of $739k and spending of $672k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $647k to $739k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Penguin Players Ltd 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 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Kansas Farm Management Association S E ($739k), Chestnut Grove Association Inc ($739k) and National Capital Coalition to Prevent Underage Drinking ($739k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $44k (6.5% of expenses). Other salaries and wages came to $167k. At year end it held assets of $426k against liabilities of $34k, net assets of $392k. It reported 34 employees.