Creating Alternative Reason to Excel Inc

Analysis

Creating Alternative Reason to Excel Inc is a registered charity in United States, based in Blue Ash, OH. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Creating Alternative Reason to Excel Inc reported income of $349k and spending of $347k, spending 99% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $106k to $349k (+228%), an average of +228% a year. The sharpest change came in the year to December 2022, when income rose by 228%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creating Alternative Reason to Excel Inc 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 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Hobson Cooperative Nursery School ($349k), McKeen Street Learning Center Inc ($349k) and Inspire Health Foundation Inc ($349k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $18k (5.2% of expenses). Other salaries and wages came to $72k. At year end it held assets of $9,748 against liabilities of $0, net assets of $9,748. It reported 1 employees.