Crestview Academy Inc

Analysis

Crestview Academy Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in August 1999, 27 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, Crestview Academy Inc reported income of $1.8m and spending of $2.0m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $1.8m (-53%), an average of -17% a year. The sharpest change came in the year to June 2021, when income dropped by 26%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crestview Academy Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Ambleside Ocala Inc ($1.8m), E2d Inc ($1.8m) and Early Learning Institute ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $126k (6.2% of expenses). Other salaries and wages came to $819k. At year end it held assets of $25.4m against liabilities of $144k, net assets of $25.2m. It reported 45 employees.