Playmates Pre-School and Child Care Centers

Analysis

Playmates Pre-School and Child Care Centers is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Playmates Pre-School and Child Care Centers reported income of $9.1m and spending of $6.7m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $9.1m (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Playmates Pre-School and Child Care Centers sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within WV. Charities of a similar size with the same main cause include 1199 Seiu Employer Child Care Corporation ($9.1m), Long Beach Community Action Partnership ($9.1m) and 21 Plus Inc ($9.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $186k (2.8% of expenses). Other salaries and wages came to $3.4m. It paid $1,240 in professional fundraising fees. At year end it held assets of $20.9m against liabilities of $2.9m, net assets of $18.0m. It reported 157 employees.