Play Learn & Grow Inc

Analysis

Play Learn & Grow Inc is a registered charity in United States, based in Bay City, MI. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Play Learn & Grow Inc reported income of $2.1m and spending of $2.1m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $986k to $2.1m (+109%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 112%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Play Learn & Grow Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Northaven Development ($2.1m), Empire State Employment Resources for the Blind Inc ($2.1m) and Heartfulness Institute ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $324k (15% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $648k against liabilities of $334k, net assets of $314k. It reported 47 employees.