Crossroads for Kids Inc

Analysis

Crossroads for Kids Inc is a registered charity in United States, based in Duxbury, MA. It received its IRS tax-exemption ruling in September 1937, 89 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Crossroads for Kids Inc reported income of $4.3m and spending of $4.9m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.5m to $4.3m (-4.5%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crossroads for Kids Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Bike New York Inc ($4.3m), Pacific Northwest Soccer Club ($4.3m) and Chantilly Youth Association Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $160k (3.3% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $13.9m against liabilities of $337k, net assets of $13.5m. It reported 268 employees.