Crest View South Inc

Analysis

Crest View South Inc is a registered charity in United States, based in Gering, NE. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Crest View South Inc reported income of $63k and spending of $99k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $63k (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 157% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Crest View South Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within NE. Charities of a similar size with the same main cause include Evesham Section 811 Housing Corporation ($63k), Irwin County Resources Inc ($63k) and Midway Apartments Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 67% of the total. At year end it held assets of $582k against liabilities of $736k, net assets of -$154k.

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.