Creser Capital Fund

Analysis

Creser Capital Fund is a registered charity in United States, based in Sausalito, CA. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Creser Capital Fund reported income of $1.6m and spending of $1.1m, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $883k to $1.6m (+77%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Creser Capital Fund sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Chicago Defender Charities Inc ($1.6m), Westchester-Fairfield Electrical Jo Int Apprenticeship and Training TR ($1.6m) and Sustainability Institute Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $553k (49% of expenses). At year end it held assets of $1.6m against liabilities of $158k, net assets of $1.5m. It reported 2 employees.