Crescent Valley Public Charter

Analysis

Crescent Valley Public Charter is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in March 2005, 21 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, Crescent Valley Public Charter reported income of $47.2m and spending of $44.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.6m to $47.2m (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 32%. 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, Crescent Valley Public Charter 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 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Eden II School for Autistic Childern Inc ($47.2m), Citizens of the World Charter Schools - Los Angeles ($47.3m) and Kipp Tech Valley Charter School ($47.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $119k (0.3% of expenses). Other salaries and wages came to $21.2m. At year end it held assets of $28.0m against liabilities of $14.9m, net assets of $13.1m. It reported 637 employees.