Playgroup

Analysis

Playgroup is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Playgroup reported income of $2.6m and spending of $2.4m, spending 89% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.7m to $2.6m (+59%), an average of +12% a year. The sharpest change came in the year to August 2021, when income rose by 33%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Playgroup sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Cedar River Montessori School ($2.6m), Connecticut State Building Trades Training Institute Inc ($2.6m) and Frontier School of the Bible ($2.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $469k (20% of expenses). Other salaries and wages came to $871k. At year end it held assets of $7.0m against liabilities of $7.0m, net assets of -$10k. It reported 15 employees.