Creative Growth Inc

Analysis

Creative Growth Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Creative Growth Inc reported income of $2.4m and spending of $3.1m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $2.4m (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Creative Growth Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include East Area Volunteer Emergency Service Inc ($2.4m), Anesthesia Quality Institute ($2.4m) and Tahlequah Hospital Foundation Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $233k (7.6% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.8m against liabilities of $565k, net assets of $3.2m. It reported 31 employees.