Craigardan Inc

Analysis

Craigardan Inc is a registered charity in United States, based in Elizabethtown, NY. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Craigardan Inc reported income of $675k and spending of $481k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $675k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Craigardan Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Collegiate Consortium for Workforce and Economic Development ($675k), Marketing Education Retail Alliance Inc ($676k) and St Michael Academy ($675k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $204k (42% of expenses). At year end it held assets of $1.6m against liabilities of $289k, net assets of $1.3m. It reported 11 employees.