Beverly Glen Playgroup Inc

Analysis

Beverly Glen Playgroup Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 1976, 50 years ago. 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 August 2023, Beverly Glen Playgroup Inc reported income of $547k and spending of $496k, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $451k to $547k (+21%), an average of +4.9% a year. The sharpest change came in the year to August 2021, when income rose by 31%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beverly Glen Playgroup Inc sits at the 70th percentile: it is larger than about 70% 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 BH Grand River Southfield Inc ($547k), University Economic Development Association Inc ($547k) and United Way of East Mississippi Inc ($546k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.6% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $102k (21% of expenses). Other salaries and wages came to $221k. At year end it held assets of $973k against liabilities of $177k, net assets of $796k. It reported 9 employees.