Play N Learn Center Inc

Analysis

Play N Learn Center Inc is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Play N Learn Center Inc reported income of $6.4m and spending of $3.9m, leaving 40% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $4.2m to $6.4m (+54%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 50%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Play N Learn Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within AK. Charities of a similar size with the same main cause include Niagara Homemaker Services Inc ($6.4m), Adult Community Training Inc ($6.4m) and Make-A-Wish Foundation of Missouri and Kansas ($6.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 9.5% of the total. Compensation of current officers, directors and key employees was $209k (5.4% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $5.6m against liabilities of $1.2m, net assets of $4.4m. It reported 77 employees.