Creative Learning 4 Kids Inc

Analysis

Creative Learning 4 Kids Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Creative Learning 4 Kids Inc reported income of $4.0m and spending of $4.5m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $4.0m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Learning 4 Kids Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Park City Day School ($4.0m), Legacy School Inc ($4.0m) and Acadia Academy ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 96% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $2.2m against liabilities of $475k, net assets of $1.8m. It reported 75 employees.