Creativity Colaboratory Charter School

Analysis

Creativity Colaboratory Charter School is a registered charity in United States, based in Elmer, NJ. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Creativity Colaboratory Charter School reported income of $3.6m and spending of $3.6m, spending 100% of its income. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creativity Colaboratory Charter School sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Twin Lakes STEM Academy ($3.6m), Teachers Development Group ($3.6m) and Association of Boarding Schools ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $655k against liabilities of $340k, net assets of $315k. It reported 30 employees.