Creative China Center Inc

Analysis

Creative China Center Inc is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Creative China Center Inc reported income of $164k and spending of $167k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $216k to $164k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2023, when income rose by 871%. Over the whole period it spent 159% 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 China Center Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Center for Applied Theater and Active Culture ($164k), The Womans Club of Dayton ($164k) and Colorado Springs Philharmonic Foundation ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $1 against liabilities of $269k, net assets of -$269k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.