Creative Learning Inc

Analysis

Creative Learning Inc is a registered charity in United States, based in Chevy Chase, MD. It received its IRS tax-exemption ruling in April 1982, 44 years ago. 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 Learning Inc reported income of $1.8m and spending of $1.8m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.8m to $1.8m (-35%), an average of -10% a year. The sharpest change came in the year to September 2020, when income dropped by 48%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Creative Learning Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Independence Square Foundation ($1.8m), Midori Foundation Inc ($1.8m) and Organizing Neighborhoods for Equality Northside ($1.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Other salaries and wages came to $308k. At year end it held assets of $773k against liabilities of $873k, net assets of -$100k. It reported 6 employees.