Creative Spirit USA Inc

Analysis

Creative Spirit USA Inc is a registered charity in United States, based in Mount Kisco, NY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Creative Spirit USA Inc reported income of $179k and spending of $235k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $325k to $179k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Creative Spirit USA Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Newberg Rotary Foundation ($179k), The Living River Restoration Trust ($179k) and Free at Last Properties ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.