Creation Development Foundation Inc

Analysis

Creation Development Foundation Inc is a registered charity in United States, based in Celebration, FL. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Creation Development Foundation Inc reported income of $4.0m and spending of $3.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $4.0m (-9.2%), an average of -2.4% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creation Development Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Incito Schools ($4.0m), National Center for Hebrew Language Charter School Excellence ($4.0m) and Rainbow Fleet Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $135k (3.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $8.1m against liabilities of $2.3m, net assets of $5.8m. It reported 74 employees.