Creative Beginnings Schools Assoc

Analysis

Creative Beginnings Schools Assoc is a registered charity in United States, based in Downey, CA. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Creative Beginnings Schools Assoc reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-7.8%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Creative Beginnings Schools Assoc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include North Dallas Food Pantry ($1.3m), Hmong American Womens Association ($1.3m) and Providers Choice of Sek Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $55k (4.3% of expenses). Other salaries and wages came to $686k. At year end it held assets of $516k against liabilities of $1.1m, net assets of -$578k. It reported 39 employees.