Creative Works

Analysis

Creative Works is a registered charity in United States, based in Westbrook, ME. It received its IRS tax-exemption ruling in January 1967, 59 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Creative Works reported income of $25.8m and spending of $25.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.4m to $25.8m (+26%), an average of +6.0% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Creative Works sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within ME. Charities of a similar size with the same main cause include Imagine Worldwide ($25.7m), Tierra Del Sol Foundation ($26.0m) and Corporation for Ohio Appalachian Development ($25.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $591k (2.3% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $25.0m against liabilities of $3.2m, net assets of $21.8m. It reported 446 employees.