Park Playhouse Inc

Analysis

Park Playhouse Inc is a registered charity in United States, based in Cohoes, NY. It received its IRS tax-exemption ruling in October 2024, 2 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 August 2023, Park Playhouse Inc reported income of $1.5m and spending of $1.7m, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $731k to $1.5m (+107%), an average of +20% a year. The sharpest change came in the year to August 2022, when income rose by 135%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Park Playhouse Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Empowerment Incorporated ($1.5m), Second Chance Last Opportunity Inc ($1.5m) and Blue Mountain Center of Meditation Inc ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% and program service revenue 72% of the total. Other salaries and wages came to $757k. At year end it held assets of $42k against liabilities of $749k, net assets of -$708k. It reported 29 employees.