Crefeld School

Analysis

Crefeld School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in May 1971, 55 years ago. 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, Crefeld School reported income of $5.7m and spending of $4.8m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $5.7m (+61%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crefeld School sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Yes Housing Inc ($5.7m), Christian Retirement Center of Northern Calif ($5.7m) and Akiptan ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $261k (5.4% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $3.9m against liabilities of $2.0m, net assets of $1.8m. It reported 51 employees.