Crescent Cities Charities Inc

Analysis

Crescent Cities Charities Inc is a registered charity in United States, based in Oxon Hill, MD. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Crescent Cities Charities Inc reported income of $290k and spending of $1.2m, spending 405% of what it took in. Across the 6 years on record, from February 2019 to December 2023, income fell from $22.5m to $290k (-99%), an average of -58% a year. The sharpest change came in the year to December 2020, when income dropped by 106%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crescent Cities Charities Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include United Methodist Homes & Services Foundation ($290k), Gsuc Child Development and Learning Center Inc ($290k) and Trail Resources and Iowa Land Stewards Inc ($290k).

Compensation of current officers, directors and key employees was $23k (1.9% of expenses). At year end it held assets of $8.8m against liabilities of $223k, net assets of $8.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.