Creation Moments Inc

Analysis

Creation Moments Inc is a registered charity in United States, based in Foley, MN. It received its IRS tax-exemption ruling in October 1987, 39 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2024, Creation Moments Inc reported income of $300k and spending of $339k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $253k to $300k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Creation Moments Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Concerts of Prayer International Inc ($300k), Wavestarters ($300k) and Isaiah 43 19 Project ($300k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $7,751 (2.3% of expenses). Other salaries and wages came to $90k. At year end it held assets of $332k against liabilities of $9,826, net assets of $322k. It reported 5 employees.