Playthinks

Analysis

Playthinks is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2016, 10 years ago. 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, Playthinks reported income of $782k and spending of $832k, spending 106% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $291k to $782k (+169%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Playthinks sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Vince Lombardi Cancer Foundation Inc ($782k), Region VI Chapter of Voluntary Protection Programs Participants ($782k) and Boys and Girls Clubs of Sherman Inc ($782k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Other salaries and wages came to $437k. It paid $585 in professional fundraising fees. At year end it held assets of $845k against liabilities of $665k, net assets of $179k. It reported 22 employees.