Create Center Arts & Technology Environment Inc

Analysis

Create Center Arts & Technology Environment Inc is a registered charity in United States, based in N Chesterfld, VA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. 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 December 2023, Create Center Arts & Technology Environment Inc reported income of $433k and spending of $399k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $433k (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Create Center Arts & Technology Environment Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include United Way of Seneca County Incorporated ($433k), Bali Cultural Association USA ($433k) and Community Concerts of Fayetteville Incorporated ($433k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2,660 (0.7% of expenses). Other salaries and wages came to $277k. At year end it held assets of $35k against liabilities of $0, net assets of $35k. It reported 17 employees.