Schoolyard Square

Analysis

Schoolyard Square is a registered charity in United States, based in Myerstown, PA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Schoolyard Square reported income of $410k and spending of $467k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $410k (-65%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Schoolyard Square sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Nhhi Asi-Senior Bloomington Inc ($410k), Over the Rainbow Arboretum West Apartments ($411k) and Construction Resource Center ($410k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $45k. At year end it held assets of $1.9m against liabilities of $4.7m, net assets of -$2.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.