Cedarcrest Inc

Analysis

Cedarcrest Inc is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cedarcrest Inc reported income of $11.1m and spending of $8.7m, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.1m to $11.1m (+56%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 44%. 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, Cedarcrest Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within NH. Charities of a similar size with the same main cause include American School Counselor Association ($11.1m), Flagstaff Academy Inc ($11.2m) and PLC Charter Schools ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $382k (4.4% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $24.1m against liabilities of $714k, net assets of $23.4m. It reported 182 employees.