Crea Foundation Inc

Analysis

Crea Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Crea Foundation Inc reported income of $538k and spending of $258k, leaving 52% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $197k to $538k (+174%), an average of +65% a year. The sharpest change came in the year to December 2022, when income rose by 178%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crea Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Columbia Learning Center ($538k), Little Angels Children Development Center Inc ($538k) and Readiness to Learn ($538k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $569k against liabilities of $332k, net assets of $237k.