Creative Opportunities Group Inc

Analysis

Creative Opportunities Group Inc is a registered charity in United States, based in Hewitt, NJ. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Creative Opportunities Group Inc reported income of $290k and spending of $242k, spending 83% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $246k to $290k (+18%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 6653%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Creative Opportunities Group Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Western New York Book Artscollaborative ($289k), Midwest Music Foundation Inc ($290k) and Atlanta Writers Club ($289k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $392k against liabilities of $4,380, net assets of $387k.