Cristo Rey Philadelphia High School Work Study Program

Analysis

Cristo Rey Philadelphia High School Work Study Program is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cristo Rey Philadelphia High School Work Study Program reported income of $3.2m and spending of $88k, leaving 97% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.2m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cristo Rey Philadelphia High School Work Study Program sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Snowy Range Academy ($3.2m), Horizon Science Academy-Dayton ($3.2m) and Association of Corporate Citizenship Professionals ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7.0m against liabilities of $90k, net assets of $6.9m.