Crecer Foundation

Analysis

Crecer Foundation is a registered charity in United States, based in De Soto, KS. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Crecer Foundation reported income of $271k and spending of $276k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $250k to $271k (+8.3%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Crecer Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within KS. Charities of a similar size with the same main cause include Hang Tough Foundation Inc ($271k), Lakes Area United Way ($271k) and Capital Sisters International Inc ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $29k (10% of expenses). Other salaries and wages came to $18k. At year end it held assets of $149k against liabilities of $24k, net assets of $125k. It reported 3 employees.