Creation Truth Foundation Inc
Analysis
Creation Truth Foundation Inc is a registered charity in United States, based in Noble, OK. It received its IRS tax-exemption ruling in June 1990, 36 years ago. 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, Creation Truth Foundation Inc reported income of $466k and spending of $433k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $466k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 95% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Creation Truth Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OK. Charities of a similar size with the same main cause include Brazos Employment Enterprises ($466k), Mid America All Indian Center Inc ($466k) and Abrahams Tent Association ($466k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $201k (46% of expenses). At year end it held assets of $446k against liabilities of $0, net assets of $446k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 38%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brazos Employment Enterprises | Bryan | $466k |
| Mid America All Indian Center Inc | Wichita | $466k |
| Abrahams Tent Association | Lake Charles | $466k |
| Music Studio of Westchester Inc | Mamaroneck | $467k |