Crosby Scholars Community Partnership

Analysis

Crosby Scholars Community Partnership is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Crosby Scholars Community Partnership reported income of $4.7m and spending of $3.2m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $4.7m (+136%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 93%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crosby Scholars Community Partnership sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Unc Eshelman School of Pharmacy Foundation ($4.7m), Crowleys Ridge College ($4.7m) and Community College of Philadelphia Foundation ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $153k (4.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $7.5m against liabilities of $73k, net assets of $7.4m. It reported 68 employees.