Crown Pointe Academy

Analysis

Crown Pointe Academy is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in March 1999, 27 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, Crown Pointe Academy reported income of $6.3m and spending of $5.9m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.9m to $6.3m (+28%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crown Pointe Academy sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Uw-Platteville Real Estate Foundation Inc ($6.3m), Barrington Stage Co Inc ($6.3m) and Portico Education Foundation ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $238k (4.1% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $4.8m against liabilities of $7.4m, net assets of -$2.6m. It reported 69 employees.