Carousel Play & Learn Center Inc

Analysis

Carousel Play & Learn Center Inc is a registered charity in United States, based in Greensburg, IN. It received its IRS tax-exemption ruling in January 1972, 54 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 November 2023, Carousel Play & Learn Center Inc reported income of $829k and spending of $911k, spending 110% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $599k to $829k (+38%), an average of +8.5% a year. The sharpest change came in the year to November 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carousel Play & Learn Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Hoerner Young Mens Christian Association of Keokuk Iowa Inc ($829k), Street Sense Inc ($829k) and Stag Vets Inc ($829k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 3.7% and program service revenue 94% of the total. Other salaries and wages came to $640k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 42 employees.