Institute for Creative Studies

Analysis

Institute for Creative Studies is a registered charity in United States, based in Hvre de Grace, MD. It received its IRS tax-exemption ruling in December 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Institute for Creative Studies reported income of $125k and spending of $151k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $125k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Institute for Creative Studies sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Horsepower Equine Assisted Learning Foundation Inc ($125k), Dearborn County Citizens Against Substance Abuse ($125k) and Team-Based Learning Collaborative ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 31% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.