Social Creatures Inc

Analysis

Social Creatures Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Social Creatures Inc reported income of $436k and spending of $347k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $436k (+219%), an average of +219% a year. The sharpest change came in the year to December 2023, when income rose by 219%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Social Creatures Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Garden Foundation Inc ($436k), Familykind Ltd ($436k) and Stupid Strong ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $49k (14% of expenses). Other salaries and wages came to $49k. At year end it held assets of $252k against liabilities of $39k, net assets of $213k. It reported 2 employees.