Creative Education Foundation

Analysis

Creative Education Foundation is a registered charity in United States, based in Kenmore, WA. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Creative Education Foundation reported income of $801k and spending of $620k, leaving 23% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $592k to $801k (+35%), an average of +7.9% a year. The sharpest change came in the year to August 2023, when income rose by 51%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creative Education Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include Wildwood School Inc ($801k), Warm World Child Development Center Inc ($801k) and Magnolia Christian School ($801k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.7% and program service revenue 97% of the total. Other salaries and wages came to $417k. At year end it held assets of $1.5m against liabilities of $75, net assets of $1.5m. It reported 11 employees.