The Play Equity Fund

Analysis

The Play Equity Fund is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Play Equity Fund reported income of $1.2m and spending of $2.5m, spending 215% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 335%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Play Equity Fund sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Dayton Electical Joint Apprentice Committee ($1.2m), Lagrange Association Library ($1.2m) and Hallis School Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $389k. It paid $15k in professional fundraising fees. At year end it held assets of $6.1m against liabilities of $358k, net assets of $5.8m. It reported 6 employees.