Crescent City Schools Foundation Inc

Analysis

Crescent City Schools Foundation Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 2020, 6 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 2023, Crescent City Schools Foundation Inc reported income of $1.5m and spending of $776k, leaving 49% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.5m (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 116%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crescent City Schools Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include The Benjamin Franklin Educational Foundation Inc ($1.5m), Claremont Parent-Faculty ($1.5m) and Pathnorth Inc ($1.5m).

At year end it held assets of $9.5m against liabilities of $7.3m, net assets of $2.2m.