The Cream Incorporated

Analysis

The Cream Incorporated is a registered charity in United States, based in Inkster, MI. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2022, The Cream Incorporated reported income of $668k and spending of $668k, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $191k to $668k (+249%), an average of +87% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Cream Incorporated sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Frio County Junior Livestock Show Inc ($668k), STL Youth Jobs ($669k) and Beyond the Ball NFP ($668k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 73% of the total. At year end it held assets of $423 against liabilities of $0, net assets of $423.