Playtime Preschool

Analysis

Playtime Preschool is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in February 1955, 71 years ago. 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 June 2024, Playtime Preschool reported income of $112k and spending of $126k, spending 112% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $125k to $112k (-9.8%), an average of -5.0% a year. The sharpest change came in the year to June 2024, when income dropped by 21%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Playtime Preschool sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Friends of the Sunnyvale Public Library Inc ($112k), PTA California Congress of Parents Teachers & Students Inc ($112k) and Habitat for Humanity International Inc ($112k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.