Cristo Rey San Jose High School

Analysis

Cristo Rey San Jose High School is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 2014, 12 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, Cristo Rey San Jose High School reported income of $16.4m and spending of $19.5m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.2m to $16.4m (+47%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 107%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cristo Rey San Jose High School sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Staten Island Academy ($16.4m), Child Inc ($16.4m) and Energized for Excellence Academy ($16.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $449k (2.3% of expenses). Other salaries and wages came to $5.2m. It paid $82k in professional fundraising fees. At year end it held assets of $36.8m against liabilities of $13.7m, net assets of $23.2m. It reported 152 employees.