Playtime Corporation

Analysis

Playtime Corporation is a registered charity in United States, based in Finksburg, MD. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Playtime Corporation reported income of $804k and spending of $923k, spending 115% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $512k to $804k (+57%), an average of +9.4% a year. The sharpest change came in the year to August 2021, when income rose by 58%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Playtime Corporation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include School of Molecular and Theoretical Biology Inc ($804k), Emmaus Respite and Resource Center Inc ($804k) and Montessori School for Young Children Inc ($804k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $78k (8.5% of expenses). Other salaries and wages came to $556k. At year end it held assets of $955k against liabilities of $0, net assets of $955k. It reported 20 employees.