Crescent School

Analysis

Crescent School is a registered charity in United States, based in Hempstead, NY. It received its IRS tax-exemption ruling in January 1997, 29 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, Crescent School reported income of $1.3m and spending of $1.2m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $953k to $1.3m (+36%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crescent School sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Missourian Publishing Assn Inc ($1.3m), Challenge Day ($1.3m) and CMS Foundation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Other salaries and wages came to $754k. At year end it held assets of $5.3m against liabilities of $0, net assets of $5.3m. It reported 26 employees.