The Crescent Academy
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
Where the income comes from
- Contributions & grants 27%
- Program services 73%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| House of Champions | Cleveland | $548k |
| Hospitality Charitable Foundation | Las Vegas | $548k |
| Bainbridge Public Library Inc | Bainbridge Is | $548k |
| Indiana Baptist College Inc | Greenwood | $548k |