Creative Learning Institute Inc

Analysis

Creative Learning Institute Inc is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Creative Learning Institute Inc reported income of $550k and spending of $551k, spending 100% of its income. Across the 4 years on record, from December 2018 to December 2022, income fell from $608k to $550k (-9.5%), an average of -3.3% a year. The sharpest change came in the year to December 2019, when income rose by 16%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Learning Institute Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Great Lakes Education Foundation ($550k), United Charity ($550k) and LG Academy a NJ Nonprofit Corporation ($550k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.0% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $56k (10% of expenses). Other salaries and wages came to $304k. At year end it held assets of $12k against liabilities of $0, net assets of $12k. It reported 26 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.