Crossroads Business and Education Connection Inc

Analysis

Crossroads Business and Education Connection Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Crossroads Business and Education Connection Inc reported income of $66k and spending of $66k, spending 100% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $78k to $66k (-16%), an average of -16% a year. The sharpest change came in the year to August 2023, when income dropped by 16%. Over the whole period it spent 125% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Crossroads Business and Education Connection Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Lake Creek Ffa Booster Club ($66k), Policy Debate of Berkeley ($66k) and Jewish Youth Programs Inc ($66k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 67% and program service revenue 25% of the total. At year end it held assets of $1,987 against liabilities of $3,000, net assets of -$1,013.