The Playground Affordable Housing Corporation

Analysis

The Playground Affordable Housing Corporation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, The Playground Affordable Housing Corporation reported income of $56k and spending of $51k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $56k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Playground Affordable Housing Corporation sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Evergreen Mutual Housing Association ($56k), Teresa Gardens Inc ($56k) and Knock Knock Angels Colorado ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $758k against liabilities of $110k, net assets of $648k.