Ability Playspace Inc

Analysis

Ability Playspace Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 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, Ability Playspace Inc reported income of $85k and spending of $78k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $85k (+3.7%), an average of +3.7% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ability Playspace Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Upper Arlington High School Parent Teacher Organization ($85k), Enid Higher Education Council Inc ($85k) and The Mass Shooters Foundation Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $135k, net assets of $26k.