Crystal City Working Parents Inc

Analysis

Crystal City Working Parents Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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 August 2023, Crystal City Working Parents Inc reported income of $2.0m and spending of $1.8m, spending 92% of its income. Across the 4 years on record, from August 2020 to August 2023, income fell from $2.4m to $2.0m (-16%), an average of -5.7% a year. The sharpest change came in the year to August 2023, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crystal City Working Parents Inc 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 86th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include American Culture Foundation ($2.0m), Catholic Foundation of Southwestern Michigan ($2.0m) and Charleston Area Senior Citizens Services Inc ($2.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $59k (3.2% of expenses). Other salaries and wages came to $776k. At year end it held assets of $948k against liabilities of $572k, net assets of $376k. It reported 30 employees.