Creative Play and Preschools Ltd

Analysis

Creative Play and Preschools Ltd is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in June 1995, 31 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 December 2023, Creative Play and Preschools Ltd reported income of $1.3m and spending of $1.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $516k to $1.3m (+154%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Creative Play and Preschools Ltd sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within AK. Charities of a similar size with the same main cause include Senior Connections Inc ($1.3m), Pine River Area D a C ($1.3m) and Carnegie Adult Foster Care Home Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $78k (7.0% of expenses). Other salaries and wages came to $351k. At year end it held assets of $579k against liabilities of $1, net assets of $579k. It reported 21 employees.