Playdate Inc
Analysis
Playdate Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in February 2008, 18 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 December 2023, Playdate Inc reported income of $1.9m and spending of $2.0m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.9m (-16%), an average of -4.3% a year. Over the whole period it spent 97% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Playdate Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Riverside Childrens Center Inc ($1.9m), Southwest Community Development Corp ($1.9m) and The Obria Group Inc ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.1m against liabilities of $811k, net assets of $1.3m. It reported 101 employees.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Program services 86%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Riverside Childrens Center Inc | Waban | $1.9m |
| Southwest Community Development Corp | Philadelphia | $1.9m |
| The Obria Group Inc | Santa Ana | $1.9m |
| Messiah Lifeways Community Support Services | Mechanicsburg | $1.9m |