Cruces Creatives

Analysis

Cruces Creatives is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cruces Creatives reported income of $1.0m and spending of $765k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $1.0m (+407%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cruces Creatives sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within NM. Charities of a similar size with the same main cause include Kianga House Housing Development Fund Company Inc ($1.0m), Discovery Kids Learning Center Inc ($1.0m) and Source of Light and Hope Development Center Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $60k (7.8% of expenses). Other salaries and wages came to $297k. At year end it held assets of $280k against liabilities of $27k, net assets of $254k. It reported 24 employees.