Create a Loop

Analysis

Create a Loop is a registered charity in United States, based in University City, MO. It received its IRS tax-exemption ruling in June 2018, 8 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, Create a Loop reported income of $259k and spending of $283k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $227k to $259k (+14%), an average of +6.7% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Create a Loop sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within MO. Charities of a similar size with the same main cause include The South Side Community Coalition ($259k), Indiana American Family Association Inc ($259k) and Bisbee Science Exploration & Research Center Inc ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (22% of expenses). Other salaries and wages came to $157k. At year end it held assets of $96k against liabilities of $27k, net assets of $69k. It reported 9 employees.