Lagoon Play Group

Analysis

Lagoon Play Group is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 2016, 10 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, Lagoon Play Group reported income of $149k and spending of $118k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $95k to $149k (+56%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lagoon Play Group sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Rocket Athletic Boosters ($149k), North East Biosolids and Residuals Association ($149k) and Blessed Sacrament Athletic Boosters Association Inc ($149k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 83% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.