Creative Kids Inc

Analysis

Creative Kids Inc is a registered charity in United States, based in Van Nuys, CA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Creative Kids Inc reported income of $1.2m and spending of $930k, leaving 25% of income unspent that year. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Creative Kids Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Mhosc LLC ($1.2m), Long Term Care Ombudsman ($1.2m) and Lewis and Clark District Council of St Vincent Depaul ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $612k. At year end it held assets of $405k against liabilities of $97k, net assets of $308k. It reported 33 employees.