Creative Ladder

Analysis

Creative Ladder is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Creative Ladder reported income of $2.3m and spending of $1.0m, leaving 56% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $171k to $2.3m (+1260%), an average of +1260% a year. The sharpest change came in the year to June 2023, when income rose by 1260%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Ladder sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 69th percentile within DC. Charities of a similar size with the same main cause include Aim High School ($2.3m), Alba Executive Development & Applied Research in Business Admin ($2.3m) and Minnewaska Laker Foundation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $330k (32% of expenses). Other salaries and wages came to $128k. It paid $258 in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $44k, net assets of $1.5m. It reported 3 employees.