Papermill Creek Childrens Corner

Analysis

Papermill Creek Childrens Corner is a registered charity in United States, based in Pt Reyes Sta, CA. It received its IRS tax-exemption ruling in February 1974, 52 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 2023, Papermill Creek Childrens Corner reported income of $543k and spending of $498k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $392k to $543k (+38%), an average of +8.5% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Papermill Creek Childrens Corner 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 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include 3 DS Aftercare Inc ($543k), Burlington-Edison Alumni Foundation Dollars for Scholars ($543k) and Utah High School Rodeo Association Inc ($543k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $75k (15% of expenses). Other salaries and wages came to $270k. At year end it held assets of $435k against liabilities of $53k, net assets of $382k. It reported 10 employees.