Art & Creativity for Healing Inc

Analysis

Art & Creativity for Healing Inc is a registered charity in United States, based in Laguna Hills, CA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Art & Creativity for Healing Inc reported income of $476k and spending of $536k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $541k to $476k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art & Creativity for Healing Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Junior Chamber Music ($476k), Nevada School of the Arts ($476k) and Chagrin Valley Little Theatre ($476k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $68k (13% of expenses). Other salaries and wages came to $21k. At year end it held assets of $445k against liabilities of $88k, net assets of $357k. It reported 3 employees.