Crossroads Center for Children Inc
Analysis
Crossroads Center for Children Inc is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in March 2000, 26 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 Center for Children Inc reported income of $4.6m and spending of $4.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $4.6m (+36%), an average of +8.1% a year. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Crossroads Center for Children Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Montclair Early Childhood Corporation ($4.6m), Magellan Charter School ($4.6m) and Pennsylvania Coalition of Public Charter Schools ($4.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $105k (2.5% of expenses). Other salaries and wages came to $2.9m. It paid $8,000 in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $282k, net assets of $1.2m. It reported 138 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.7%
- Program services 95%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Montclair Early Childhood Corporation | Montclair | $4.6m |
| Magellan Charter School | Raleigh | $4.6m |
| Pennsylvania Coalition of Public Charter Schools | Glenside | $4.6m |
| Charette Charter School | Providence | $4.6m |