Creative World Inc

Analysis

Creative World Inc is a registered charity in United States, based in Van Nuys, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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 2024, Creative World Inc reported income of $369k and spending of $369k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $355k to $369k (+4.0%), an average of +1.0% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Creative World Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Montessori Foundation of Washington ($369k), Caesar Rodney Institute ($369k) and National Assistance League ($369k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (23% of expenses). Other salaries and wages came to $149k. At year end it held assets of $185k against liabilities of $184k, net assets of $1,704. It reported 9 employees.