Crossroads Continuum Inc

Analysis

Crossroads Continuum Inc is a registered charity in United States, based in Hudson, MA. It received its IRS tax-exemption ruling in July 2003, 23 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, Crossroads Continuum Inc reported income of $14.7m and spending of $13.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $14.7m (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crossroads Continuum Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Talkingpoints ($14.7m), Whitney Academy Inc ($14.8m) and The Lincoln Academy ($14.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $393k (2.9% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $14.1m against liabilities of $7.7m, net assets of $6.4m. It reported 205 employees.