Cristo Rey San Jose Work Study Corporation

Analysis

Cristo Rey San Jose Work Study Corporation is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 2015, 11 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 June 2023, Cristo Rey San Jose Work Study Corporation reported income of $3.7m and spending of $2.0m, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $3.7m (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income dropped by 33%. Over the whole period it spent 50% 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 Work Study Corporation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include First Steps Inc ($3.7m), Milestones Charter School ($3.7m) and Educational First Steps ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $11.4m against liabilities of $30k, net assets of $11.4m.