Craddock Center Inc

Analysis

Craddock Center Inc is a registered charity in United States, based in Cherry Log, GA. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2024, Craddock Center Inc reported income of $417k and spending of $315k, leaving 25% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $250k to $417k (+67%), an average of +11% a year. The sharpest change came in the year to July 2024, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Craddock Center Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Sprouts of Promise Foundation ($417k), Childrens Ranch Foundation ($417k) and Helping Heroes of America ($417k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 93% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $54k (17% of expenses). Other salaries and wages came to $97k. At year end it held assets of $1.8m against liabilities of $13k, net assets of $1.8m. It reported 10 employees.