Creative Capital Impact Organization

Analysis

Creative Capital Impact Organization is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in January 2020, 6 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 2023, Creative Capital Impact Organization reported income of $74k and spending of $27k, leaving 64% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $2.0m to $74k (-96%), an average of -67% a year. The sharpest change came in the year to December 2023, when income rose by 343%. Over the whole period it spent 17% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Capital Impact Organization sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within MD. Charities of a similar size with the same main cause include Matthew Zonghetti Scholarship Fund ($74k), Angelica Free Library ($74k) and Winston Churchill I B Booster Club ($74k).

At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.