Creatempls

Analysis

Creatempls is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2024, Creatempls reported income of $599k and spending of $622k, spending 104% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $390k to $599k (+54%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Creatempls sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Jackson Youth Skating Inc ($599k), Wells Community Boys & Girls Club Inc ($599k) and Northwest Rankin Athletic Association Inc ($599k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $414k. At year end it held assets of $101k against liabilities of $28k, net assets of $74k. It reported 4 employees.