Little Munchkins Playgroup 56 Inc

Analysis

Little Munchkins Playgroup 56 Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in July 2015, 11 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, Little Munchkins Playgroup 56 Inc reported income of $4.2m and spending of $3.3m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $4.2m (+177%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Munchkins Playgroup 56 Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include College Dreams Inc ($4.2m), Shasta Secondary Home School ($4.2m) and Association of Tribal Archives Libraries and Museums ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $258k (7.9% of expenses). Other salaries and wages came to $447k. At year end it held assets of $6.6m against liabilities of $3.4m, net assets of $3.2m. It reported 60 employees.