Creative Learning Center Inc
Analysis
Creative Learning Center Inc is a registered charity in United States, based in Bristol, VA. It received its IRS tax-exemption ruling in November 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Creative Learning Center Inc reported income of $222k and spending of $263k, spending 119% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $174k to $222k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 77%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Learning Center Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Brook Knoll Eagle Connection ($222k), American Academy of Cosmetic Dentistry Charitable Foundation ($222k) and Abilene High School Eagle Band Booster Club ($222k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $29k (11% of expenses). Other salaries and wages came to $181k. At year end it held assets of $383k against liabilities of $3,026, net assets of $380k. It reported 27 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.3%
- Program services 99%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brook Knoll Eagle Connection | Santa Cruz | $222k |
| American Academy of Cosmetic Dentistry Charitable Foundation | Madison | $222k |
| Abilene High School Eagle Band Booster Club | Abilene | $222k |
| It-Ology | Columbia | $222k |