Kreative Kids Academy Inc

Analysis

Kreative Kids Academy Inc is a registered charity in United States, based in Lithonia, GA. It received its IRS tax-exemption ruling in September 2009, 17 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 December 2021, Kreative Kids Academy Inc reported income of $998k and spending of $1.0m, spending 103% of its income. Across the 3 years on record, from December 2019 to December 2021, income fell from $1.2m to $998k (-18%), an average of -9.4% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kreative Kids Academy Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include California Farm Water Coalition ($998k), Foster Adoptive Family Resource & Support Center ($998k) and Fix Ministry Inc ($998k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $222k (22% of expenses). Other salaries and wages came to $360k. At year end it held assets of $1.9m against liabilities of $286k, net assets of $1.6m. It reported 27 employees.