Creative Advancement Centers Inc

Analysis

Creative Advancement Centers Inc is a registered charity in United States, based in Greer, SC. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Creative Advancement Centers Inc reported income of $96k and spending of $115k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $96k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Advancement Centers Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 41st percentile within SC. Charities of a similar size with the same main cause include Greater Binghamton Educational Outreach Program Inc ($96k), Yakima Schools Foundation ($96k) and Jchs-Tn Band Boosters ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.