Crystal Run Owner Corp V

Analysis

Crystal Run Owner Corp V is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Crystal Run Owner Corp V reported income of $89k and spending of $160k, spending 180% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $90k to $89k (-1.5%), an average of -0.4% a year. Over the whole period it spent 152% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crystal Run Owner Corp V sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include National Association for Debt Education & Assistance ($89k), Peaceworks Inc ($89k) and Walkin in My Shoes Inc ($89k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $674k against liabilities of $1.3m, net assets of -$660k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.