Crestview Preparatory School

Analysis

Crestview Preparatory School is a registered charity in United States, based in LA Canada, CA. It received its IRS tax-exemption ruling in December 1986, 40 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, Crestview Preparatory School reported income of $6.1m and spending of $5.9m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $6.1m (+36%), an average of +7.9% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crestview Preparatory School sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Rain Drop Foundation Inc ($6.1m), Queens College Auxiliary Enterprises Corporation ($6.1m) and Outreach Community Development Corporation Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $328k (5.6% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $10.1m against liabilities of $6.5m, net assets of $3.6m. It reported 53 employees.