Crescent Project Inc

Analysis

Crescent Project Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in April 1991, 35 years ago. 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, Crescent Project Inc reported income of $1.8m and spending of $1.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.8m (-10%), an average of -2.7% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crescent Project Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Disability Rights South Dakota ($1.8m), Junior Achievement of Northern Indiana Foundation Inc ($1.8m) and Invest in Louisiana ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $308k (17% of expenses). Other salaries and wages came to $749k. At year end it held assets of $1.2m against liabilities of $36k, net assets of $1.2m. It reported 27 employees.