R4creating

Analysis

R4creating is a registered charity in United States, based in Rio Rancho, NM. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, R4creating reported income of $265k and spending of $199k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $172k to $265k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, R4creating sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NM. Charities of a similar size with the same main cause include Crosspoint Christian School Foundation ($265k), Grace Christian Foundation ($265k) and Kids Unlimited Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $75k (38% of expenses). At year end it held assets of $105k against liabilities of $9,988, net assets of $95k. It reported 1 employees.