Create Better Life Inc

Analysis

Create Better Life Inc is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Create Better Life Inc reported income of $234k and spending of $1,042, leaving 100% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $45k to $234k (+419%), an average of +419% a year. The sharpest change came in the year to October 2023, when income rose by 419%. Over the whole period it spent 0.7% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Create Better Life Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Roxbury Scholarship Foundation Inc ($234k), Stephan F Austin High School Athletic Booster Club ($234k) and Loop Nola ($234k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 45% of the total. At year end it held assets of $440k against liabilities of $0, net assets of $440k.