Lower Bottom Playaz Inc

Analysis

Lower Bottom Playaz Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Lower Bottom Playaz Inc reported income of $274k and spending of $568k, spending 207% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $246k to $274k (+11%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lower Bottom Playaz Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Mount Vernon Virtuosi Inc ($274k), St Lou Fringe ($274k) and Columbus and Central Ohio Childrens Chorus Foundation ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $111k (20% of expenses). Other salaries and wages came to $312k. At year end it held assets of $150k against liabilities of $1,600, net assets of $149k.