Creative Reaction Lab

Analysis

Creative Reaction Lab is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, 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 June 2023, Creative Reaction Lab reported income of $1.2m and spending of $1.5m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $318k to $1.2m (+283%), an average of +40% a year. The sharpest change came in the year to June 2021, when income rose by 267%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Creative Reaction Lab sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include St Barnabas Communities Inc ($1.2m), Ucpid Inc ($1.2m) and Coalition of Community Organizations ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $181k (12% of expenses). Other salaries and wages came to $632k. At year end it held assets of $780k against liabilities of $95k, net assets of $685k. It reported 36 employees.