New Castle Playhouse Inc

Analysis

New Castle Playhouse Inc is a registered charity in United States, based in New Castle, PA. It received its IRS tax-exemption ruling in October 1961, 65 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Castle Playhouse Inc reported income of $241k and spending of $283k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $188k to $241k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Castle Playhouse Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include St Joseph Health Initiative Inc ($241k), Pop Warner Little Scholars Inc ($241k) and Happy Hands ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $30k (10% of expenses). At year end it held assets of $363k against liabilities of $18k, net assets of $345k. It reported 1 employees.