Createaskate Org

Analysis

Createaskate Org is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Createaskate Org reported income of $61k and spending of $47k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2019 to December 2022, income grew from $44k to $61k (+40%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 76% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Createaskate Org sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Kitchen Possible Inc ($61k), National Charity League San Francisco Chapter ($61k) and Soul2soulz Inc ($61k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $6,508 against liabilities of $44k, net assets of -$37k.