Creative Works Farm Inc

Analysis

Creative Works Farm Inc is a registered charity in United States, based in Crimora, VA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Creative Works Farm Inc reported income of $576k and spending of $341k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $576k (+174%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 58% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Creative Works Farm Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Beverly Hills Basketball League ($576k), Amateur Athletic Union of the United States Inc ($576k) and Friends of the Kern County Fair ($575k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $50k (15% of expenses). Other salaries and wages came to $23k. At year end it held assets of $2.3m against liabilities of $5,904, net assets of $2.3m. It reported 3 employees.