Crafted Collective Inc

Analysis

Crafted Collective Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 January 2024, Crafted Collective Inc reported income of $268k and spending of $259k, spending 97% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $223k to $268k (+20%), an average of +4.7% a year. The sharpest change came in the year to January 2022, when income rose by 48%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crafted Collective Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within KS. Charities of a similar size with the same main cause include Project Athena Foundation ($268k), Pitzer Family Education Foundation ($268k) and Heppner Day Care Inc ($268k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 7.7% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $99k (38% of expenses). Other salaries and wages came to $12k. At year end it held assets of $346k against liabilities of $31k, net assets of $314k. It reported 4 employees.