Creative Enterprises Inc

Analysis

Creative Enterprises Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Creative Enterprises Inc reported income of $6.0m and spending of $4.5m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.0m to $6.0m (+103%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Creative Enterprises Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Hi-Hope Service Center Inc ($6.0m), Turning Point Inc ($6.0m) and Lyngblomsten Services Inc ($6.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $236k (5.3% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $8.2m against liabilities of $593k, net assets of $7.6m. It reported 59 employees.