Creighton Community Foundation

Analysis

Creighton Community Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2023, Creighton Community Foundation reported income of $2.4m and spending of $1.8m, leaving 26% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $245k to $2.4m (+895%), an average of +78% a year. The sharpest change came in the year to March 2021, when income rose by 316%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Creighton Community Foundation 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 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include United Way of Hudson County ($2.4m), Parkers Community Fund Inc ($2.4m) and Rodel Institute ($2.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $76k (4.2% of expenses). Other salaries and wages came to $218k. It paid $37k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $173k, net assets of $1.3m. It reported 19 employees.