Crest View Corporation

Analysis

Crest View Corporation is a registered charity in United States, based in Columbia HTS, MN. It received its IRS tax-exemption ruling in August 1963, 63 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Crest View Corporation reported income of $21.6m and spending of $25.0m, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $21.8m to $21.6m (-0.8%), an average of -0.2% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crest View Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include St Patrick Center ($21.5m), Life at Lourdes Inc ($21.6m) and Federalist Society for Law & Public Policy Studies ($21.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $225k (0.9% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $33.8m against liabilities of $53.0m, net assets of -$19.2m. It reported 358 employees.