Play360 Inc

Analysis

Play360 Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Play360 Inc reported income of $126k and spending of $123k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $126k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Play360 Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include Arc of Justice ($126k), Toys for Pittsburgh Tikes ($126k) and Dributts Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $500, net assets of $34k.