Creative Education Foundation Inc

Analysis

Creative Education Foundation Inc is a registered charity in United States, based in Marshfield, MA. It received its IRS tax-exemption ruling in July 1955, 71 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 December 2023, Creative Education Foundation Inc reported income of $472k and spending of $586k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $678k to $472k (-30%), an average of -8.7% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Education Foundation 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 Walled Lake Central High School Music Boosters ($472k), St Anns Academy ($472k) and Bangor Area Recovery Network Inc ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $129k (22% of expenses). Other salaries and wages came to $116k. At year end it held assets of $931k against liabilities of $205k, net assets of $726k. It reported 4 employees.