Crane Centre Inc

Analysis

Crane Centre Inc is a registered charity in United States, based in W Bloomfield, MI. It received its IRS tax-exemption ruling in December 2007, 19 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 December 2023, Crane Centre Inc reported income of $63k and spending of $43k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $63k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crane Centre Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within MI. Charities of a similar size with the same main cause include Each 1 Teach 1 Inc ($63k), Shasta High School Choir Boosters Club ($63k) and Pathways Theological Education Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $282k against liabilities of $0, net assets of $282k.