Art Creation Foundation for Children Inc

Analysis

Art Creation Foundation for Children Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Art Creation Foundation for Children Inc reported income of $102k and spending of $103k, spending 101% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $168k to $102k (-39%), an average of -39% a year. The sharpest change came in the year to September 2023, when income dropped by 39%. Over the whole period it spent 58% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Art Creation Foundation for Children Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include American Friends of Sesobel Inc ($102k), Maple 1842 Inc ($102k) and Crossroads Handcrafts of the World ($102k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.