Cristo Rey Jesuit Corporate Work Study Program Inc

Analysis

Cristo Rey Jesuit Corporate Work Study Program Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 Jesuit Corporate Work Study Program Inc reported income of $2.9m and spending of $2.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $2.9m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cristo Rey Jesuit Corporate Work Study Program Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include Developmental Disabilities Service Organization ($2.9m), Polk County Developmental Center Inc ($2.9m) and Liberty and Light ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $82k (3.1% of expenses). Other salaries and wages came to $380k. At year end it held assets of $1.5m against liabilities of $593k, net assets of $876k. It reported 45 employees.