Crown College

Analysis

Crown College is a registered charity in United States, based in Powell, TN. It received its IRS tax-exemption ruling in November 1992, 34 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 June 2023, Crown College reported income of $10.3m and spending of $9.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $10.3m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crown College sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Habilitative Systems Incorporated ($10.3m), Council for Opportunity in Education ($10.3m) and Community Skilled Nursing Centre ($10.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $19.2m against liabilities of $14.4m, net assets of $4.8m. It reported 203 employees.