Credo High School

Analysis

Credo High School is a registered charity in United States, based in Rohnert Park, CA. It received its IRS tax-exemption ruling in August 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, Credo High School reported income of $6.9m and spending of $7.3m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $6.9m (+48%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Credo High School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Chattanooga Charter School of Excellence ($6.9m), East Chicago Urban Enterprise Academy Inc ($6.9m) and Woods Charter School Company ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $123k (1.7% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $9.8m against liabilities of $9.2m, net assets of $594k. It reported 52 employees.