Cretio Foundation Inc

Analysis

Cretio Foundation Inc is a registered charity in United States, based in Jupiter, FL. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Cretio Foundation Inc reported income of $207k and spending of $356k, spending 172% of what it took in. The sharpest change came in the year to December 2022, when income rose by 763%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cretio Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Light for Life International Inc ($207k), Iglesia de Dios El Renuevo the Rebirth Church of God Inc ($207k) and Mellinger Mennonite Cemetery ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.