Crossroads for Women Inc

Analysis

Crossroads for Women Inc is a registered charity in United States, based in Scarborough, ME. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Crossroads for Women Inc reported income of $4.6m and spending of $4.8m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.0m to $4.6m (-7.9%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income dropped by 15%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Crossroads for Women Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within ME. Charities of a similar size with the same main cause include Danville Life Saving and First Aid Crew Inc ($4.6m), The Stanley Medical Research Institute ($4.6m) and Beacon Lighthouse Inc ($4.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $150k (3.1% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $2.3m against liabilities of $2.2m, net assets of $83k. It reported 96 employees.

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.