Creswell Charter Board Incorporated

Analysis

Creswell Charter Board Incorporated is a registered charity in United States, based in Creswell, NC. It received its IRS tax-exemption ruling in January 2020, 6 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 2023, Creswell Charter Board Incorporated reported income of $3.5m and spending of $3.2m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $3.5m (+111%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Creswell Charter Board Incorporated sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Horizon Christian School Inc ($3.5m), Ideal Education a NJ Nonprofit Corporation ($3.5m) and Golden Bridges School ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $2.8m against liabilities of $1.2m, net assets of $1.6m. It reported 58 employees.