Institute for Creative Community Initiatives

Analysis

Institute for Creative Community Initiatives is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Institute for Creative Community Initiatives reported income of $543k and spending of $321k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $308k to $543k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Institute for Creative Community Initiatives sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MD. Charities of a similar size with the same main cause include Kalamazoo Center for Youth & Community ($543k), Mississippi Hills Heritage Area Alliance Inc ($543k) and Neighborhood Engagement Hub ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $180k. At year end it held assets of $275k against liabilities of $112k, net assets of $164k. It reported 11 employees.