Playhouse Village Foundation

Analysis

Playhouse Village Foundation is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Playhouse Village Foundation reported income of $105k and spending of $75k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $13k to $105k (+707%), an average of +184% a year. The sharpest change came in the year to December 2022, when income rose by 205%. Over the whole period it spent 54% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Playhouse Village Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Advocacy to Legacy ($105k), Wittmann School Education Foundation Inc ($105k) and Cleveland Development Foundation ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.