Crescendo Competitions Inc

Analysis

Crescendo Competitions Inc is a registered charity in United States, based in Marlboro, NJ. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Crescendo Competitions Inc reported income of $1.2m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $789k to $1.2m (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crescendo Competitions Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Elemental Music ($1.2m), Oh Wow the Roger & Gloria Jones Childrens Center for Science & Tec ($1.2m) and Virginia Business Higher Education Council ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $702k against liabilities of $476k, net assets of $226k. It reported 1 employees.