Crete Public Schools Trust

Analysis

Crete Public Schools Trust is a registered charity in United States, based in Crete, NE. It received its IRS tax-exemption ruling in October 1993, 33 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 August 2023, Crete Public Schools Trust reported income of $273k and spending of $228k, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $394k to $273k (-31%), an average of -8.8% a year. The sharpest change came in the year to August 2022, when income rose by 63%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crete Public Schools Trust sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NE. Charities of a similar size with the same main cause include Green Mountain Academy for Life Long Learning Inc ($273k), Emergency Medicine Educational Foundation of Northeast Indiana ($273k) and Aldert Root Elementary Educational Foundation ($273k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.