Playmates Inc

Analysis

Playmates Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1951, 75 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Playmates Inc reported income of $557k and spending of $547k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $578k to $557k (-3.7%), an average of -0.9% a year. The sharpest change came in the year to June 2021, when income dropped by 30%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Playmates Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Krishnamurti Center LLC ($556k), Swan School ($557k) and Greer Christian Learning Center Inc ($556k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.8% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $120k (22% of expenses). Other salaries and wages came to $244k. At year end it held assets of $803k against liabilities of $39k, net assets of $764k. It reported 8 employees.