Create Inc

Analysis

Create Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Create Inc reported income of $4.8m and spending of $5.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.8m to $4.8m (-17%), an average of -4.4% a year. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Create Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Pennington Biomedical Research Foundation ($4.8m), Colorado Rural Health Center ($4.8m) and Flying Colors of Success Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $16.1m against liabilities of $2.0m, net assets of $14.1m. It reported 90 employees.