Crete Collective

Analysis

Crete Collective is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Crete Collective reported income of $356k and spending of $479k, spending 135% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $340k to $356k (+4.6%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Crete Collective sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 38th percentile within DC. Charities of a similar size with the same main cause include Rocky Mountain Police Chaplains ($356k), Abune Aregawi Orthodox Tewahedo Church ($356k) and Glad News for Muslims Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $40k. At year end it held assets of $370k against liabilities of $993, net assets of $369k. It reported 2 employees.