Creative Learning for Children Inc

Analysis

Creative Learning for Children Inc is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Creative Learning for Children Inc reported income of $469k and spending of $487k, spending 104% of its income. Across the 4 years on record, from September 2019 to September 2023, income fell from $494k to $469k (-4.9%), an average of -1.7% a year. The sharpest change came in the year to September 2022, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Learning for Children Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Foundation for Pottstown Education ($469k), The Reading Foundation ($469k) and Innovation School ($469k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $120k (25% of expenses). Other salaries and wages came to $35k. At year end it held assets of $129k against liabilities of $159k, net assets of -$30k. It reported 4 employees.