CRSVLV College Preparatory Inc

Analysis

CRSVLV College Preparatory Inc is a registered charity in United States, based in N Las Vegas, NV. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, CRSVLV College Preparatory Inc reported income of $245k and spending of $754k, spending 308% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $3.8m to $245k (-93%), an average of -42% a year. The sharpest change came in the year to June 2021, when income dropped by 97%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, CRSVLV College Preparatory Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within NV. Charities of a similar size with the same main cause include Parent Booster USA Inc ($245k), Puget Sound Employers-Boilermakers Apprenticeship & Training Trust ($245k) and Woodgrove Wolverines Athletic Booster Club ($245k).

At year end it held assets of $23.1m against liabilities of $14.7m, net assets of $8.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.