Creation Studies Institute

Analysis

Creation Studies Institute is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in January 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Creation Studies Institute reported income of $300k and spending of $307k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $309k to $300k (-2.7%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Creation Studies Institute sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Oakhurst Cooperative Preschool ($300k), California Institute for Rural Studies Inc ($301k) and Air Force Armament Museum Foundation Inc ($300k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 78% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $26k (8.4% of expenses). Other salaries and wages came to $143k. At year end it held assets of $98k against liabilities of $29k, net assets of $69k. It reported 8 employees.