Crescent Academy

Analysis

Crescent Academy is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, Crescent Academy reported income of $336k and spending of $345k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $958k to $336k (-65%), an average of -41% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 21% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crescent Academy sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Summit Academy of Southwest Ohio Inc ($336k), Inclusive Education Project ($336k) and Cleanerdns Inc ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $107k (31% of expenses). At year end it held assets of $2.8m against liabilities of $63k, net assets of $2.8m. It reported 1 employees.