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The Crescent Academy

RegisteredEIN 56-2563048Endicott, NYEducation and training
Income$548k2024-06
Spending$555ksame year
Spent / received101%5-year average
Size in its cause69th pctEducation and training
Exempt since2009School
Employees23latest return

Analysis

The Crescent Academy is a registered charity in United States, based in Endicott, NY. It received its IRS tax-exemption ruling in March 2009, 17 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 2024, The Crescent Academy reported income of $548k and spending of $555k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $448k to $548k (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Crescent Academy sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include House of Champions ($548k), Hospitality Charitable Foundation ($548k) and Bainbridge Public Library Inc ($548k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 73% of the total. Other salaries and wages came to $423k. At year end it held assets of $91k against liabilities of $4,707, net assets of $86k. It reported 23 employees.

Income and spending

$0$139k$277k$416k$555k2020 Income: $448,2982020 Spending: $423,17620202021 Income: $348,7472021 Spending: $368,59420212022 Income: $467,6202022 Spending: $438,33720222023 Income: $427,4142023 Spending: $477,89120232024 Income: $547,7042024 Spending: $554,8382024
IncomeSpending

Where the income comes from

  • Contributions & grants 27%
  • Program services 73%

Similar-sized charities, same cause

CharityLocationIncome
House of ChampionsCleveland$548k
Hospitality Charitable FoundationLas Vegas$548k
Bainbridge Public Library IncBainbridge Is$548k
Indiana Baptist College IncGreenwood$548k