Play School Inc

Analysis

Play School Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Play School Inc reported income of $318k and spending of $208k, leaving 35% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $147k to $318k (+117%), an average of +47% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Play School Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Center for Community Education ($318k), Galion City Schools Athletic Boosters Organization ($319k) and Round Grove Christian Academy ($318k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $80k (38% of expenses). Other salaries and wages came to $69k. At year end it held assets of $199k against liabilities of $8,107, net assets of $191k. It reported 9 employees.