Creating Possibilities Inc

Analysis

Creating Possibilities Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Creating Possibilities Inc reported income of $99k and spending of $133k, spending 134% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $92k to $99k (+8.0%), an average of +8.0% a year. Over the whole period it spent 126% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creating Possibilities Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Gamp Parent and Alumni Organization ($99k), Boone County Education Foundation Inc ($99k) and Westside Association of Christian Home Educators Inc ($99k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $177k against liabilities of $226k, net assets of -$49k.