Making Memories Playschool Inc

Analysis

Making Memories Playschool Inc is a registered charity in United States, based in Beech Grove, IN. It received its IRS tax-exemption ruling in October 2021, 5 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 July 2024, Making Memories Playschool Inc reported income of $895k and spending of $889k, spending 99% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $353k to $895k (+153%), an average of +59% a year. The sharpest change came in the year to July 2023, when income rose by 129%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Making Memories Playschool Inc 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 78th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Kenya Education Fund ($895k), Maria Droste Counseling Services Inc ($895k) and Oswegoland Seniors Inc ($895k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $136k (15% of expenses). Other salaries and wages came to $360k. At year end it held assets of $53k against liabilities of $0, net assets of $53k. It reported 32 employees.