Creative Class Collective

Analysis

Creative Class Collective is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, 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 April 2023, Creative Class Collective reported income of $339k and spending of $384k, spending 113% of what it took in. Across the 2 years on record, from April 2022 to April 2023, income grew from $223k to $339k (+52%), an average of +52% a year. The sharpest change came in the year to April 2023, when income rose by 52%. Over the whole period it spent 111% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Creative Class Collective sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include South Kensington Community Partners Inc ($339k), Brightwood Community Center ($339k) and First African Community Development Corporation ($339k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 113% of the total. Compensation of current officers, directors and key employees was $66k (17% of expenses). Other salaries and wages came to $58k. At year end it held assets of $117k against liabilities of $210k, net assets of -$92k. It reported 1 employees.