Creative World Art Center

Analysis

Creative World Art Center is a registered charity in United States, based in Arcadia, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Creative World Art Center reported income of $546k and spending of $498k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $541k to $546k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to September 2020, when income dropped by 27%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Creative World Art Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Grand Tots Inc ($545k), Kates Kart Inc ($546k) and Ageless Aviation Dreams Foundation Inc ($545k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $7,440 (1.5% of expenses). Other salaries and wages came to $227k. At year end it held assets of $198k against liabilities of $119k, net assets of $79k. It reported 29 employees.