Cristo Rey Philadelphia High School

Analysis

Cristo Rey Philadelphia High School is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2011, 15 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, Cristo Rey Philadelphia High School reported income of $21.0m and spending of $22.3m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $18.6m to $21.0m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cristo Rey Philadelphia High School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include Avant Garde Academy Foundation Inc ($21.0m), Carolina Day School Inc ($21.1m) and Blue Learning ($21.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $282k (1.3% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $47.6m against liabilities of $14.6m, net assets of $33.0m. It reported 145 employees.