Creative Learning Center of Farmville

Analysis

Creative Learning Center of Farmville is a registered charity in United States, based in Farmville, VA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. 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, Creative Learning Center of Farmville reported income of $522k and spending of $561k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $522k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Creative Learning Center of Farmville sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Ballentine Home Corporation ($522k), Charles Regional Medical Center Foundation Inc ($522k) and Preston Castle Foundation ($522k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Other salaries and wages came to $394k. At year end it held assets of $129k against liabilities of $6,636, net assets of $123k.