Create Now Inc

Analysis

Create Now Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Create Now Inc reported income of $534k and spending of $514k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $247k to $534k (+116%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Create Now Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Triple S Christian Ranch ($533k), Friends of Cetys Foundation ($534k) and Alpha Chi Sigma Fraternity Natl Office ($533k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $66k (13% of expenses). Other salaries and wages came to $171k. It paid $19k in professional fundraising fees. At year end it held assets of $177k against liabilities of $18k, net assets of $159k. It reported 10 employees.