Creede Early Learning Center

Analysis

Creede Early Learning Center is a registered charity in United States, based in Creede, CO. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Creede Early Learning Center reported income of $446k and spending of $337k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $331k to $446k (+35%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Creede Early Learning Center sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Woodford County Heartline Association Incorporated ($446k), Asa Cox Foundation ($446k) and Dress for Success Oklahoma City Inc ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $57k (17% of expenses). Other salaries and wages came to $174k. At year end it held assets of $639k against liabilities of $7,456, net assets of $632k. It reported 14 employees.