Guild-Of-Creative-Art

Analysis

Guild-Of-Creative-Art is a registered charity in United States, based in Shrewsbury, NJ. It received its IRS tax-exemption ruling in December 1960, 66 years ago. 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, Guild-Of-Creative-Art reported income of $113k and spending of $110k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $113k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guild-Of-Creative-Art sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Sierra Law Enforcement Chaplaincy Inc ($113k), Hope Fire Company ($113k) and Holy Family Foundation for the Aged ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 43% of the total. At year end it held assets of $423k against liabilities of $2,939, net assets of $420k.