McDonalds Playworld Community Development Inc

Analysis

McDonalds Playworld Community Development Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, McDonalds Playworld Community Development Inc reported income of $986k and spending of $885k, spending 90% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $1.4m to $986k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McDonalds Playworld Community Development Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Partnership Academy Association ($986k), Friends of Yeshivat Mishkan Shelomo Vener Michael Inc ($986k) and Anoka County Agricultural Society ($986k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $688k against liabilities of $176k, net assets of $512k.