Creative Clay Inc

Analysis

Creative Clay Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 1995, 31 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 December 2023, Creative Clay Inc reported income of $978k and spending of $668k, leaving 32% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income grew from $586k to $978k (+67%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 124%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Creative Clay Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Ebenezer Child Development Center ($978k), Feeding Avery Families ($978k) and Erik Hite Foundation Inc ($978k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $52k (7.8% of expenses). Other salaries and wages came to $319k. At year end it held assets of $789k against liabilities of $13k, net assets of $776k. It reported 18 employees.