Creedmoor Court Inc

Analysis

Creedmoor Court Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Creedmoor Court Inc reported income of $268k and spending of $295k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $268k (+11%), an average of +2.7% a year. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Creedmoor Court Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Open Hearts Place ($268k), Whitney Brookside Corporation ($268k) and Primrose Apartments Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $216. At year end it held assets of $2.0m against liabilities of $3.4m, net assets of -$1.5m.

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.