Play Mountain Place

Analysis

Play Mountain Place is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1968, 58 years ago. 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, Play Mountain Place reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.5m (+8.4%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Play Mountain Place sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Near Northwest Neighborhood Inc ($1.5m), Gay Lesbian Bisexual Transgender Historical Society ($1.5m) and Colonia Barrios Seniors Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $82k (5.9% of expenses). Other salaries and wages came to $934k. At year end it held assets of $3.1m against liabilities of $1.7m, net assets of $1.4m. It reported 30 employees.