Gigis Playhouse Inc

Analysis

Gigis Playhouse Inc is a registered charity in United States, based in Hoffman Est, IL. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Gigis Playhouse Inc reported income of $6.3m and spending of $4.7m, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $4.0m to $6.3m (+58%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gigis Playhouse Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Michigan Center for Rural Health ($6.3m), Serenity Foundation of Texas ($6.3m) and Turning Point ($6.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $344k (7.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $5.8m against liabilities of $1.2m, net assets of $4.6m. It reported 51 employees.