Cristo Rey New York High School

Analysis

Cristo Rey New York High School is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2003, 23 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 June 2023, Cristo Rey New York High School reported income of $6.6m and spending of $7.4m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $6.6m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cristo Rey New York High School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Community Day School Association ($6.6m), Field School ($6.6m) and Generation Hope ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $544k (7.3% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $13.0m against liabilities of $368k, net assets of $12.6m. It reported 80 employees.