The Crucible
Analysis
The Crucible is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 1999, 27 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 December 2023, The Crucible reported income of $3.1m and spending of $4.1m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $3.1m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 108% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Crucible sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Mercantile Library ($3.1m), Alpine Achievers Initiative ($3.1m) and Bright Star Education Group ($3.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $3.9m against liabilities of $3.6m, net assets of $340k. It reported 204 employees.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 69%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mercantile Library | Cincinnati | $3.1m |
| Alpine Achievers Initiative | Salida | $3.1m |
| Bright Star Education Group | Los Angeles | $3.1m |
| Aventura Community Schools | Nashville | $3.1m |