Creo Family Office Syndicate

Analysis

Creo Family Office Syndicate is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Creo Family Office Syndicate reported income of $4.6m and spending of $6.2m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $4.6m (+146%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 79% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Creo Family Office Syndicate sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Upstate Forever ($4.6m), Bryce Canyon Natural History Association ($4.6m) and Mothers Out Front Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $1.4m (23% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $5.6m against liabilities of $365k, net assets of $5.3m. It reported 24 employees.