Creamos Norte

Analysis

Creamos Norte is a registered charity in United States, based in Scarborough, ME. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Creamos Norte reported income of $496k and spending of $484k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $353k to $496k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Creamos Norte sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within ME. Charities of a similar size with the same main cause include Reading Food Pantry Inc ($495k), Abandon Project Inc ($496k) and Wabash Independent Living and Learning Center Inc ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 23% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.