Cross of Light Ministry

Analysis

Cross of Light Ministry is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Cross of Light Ministry reported income of $373k and spending of $434k, spending 116% of what it took in. Across the 4 years on record, from December 2017 to December 2020, income fell from $442k to $373k (-16%), an average of -5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cross of Light Ministry 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 65th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include The Messengers Gospel Ministries Inc ($373k), Islam by Touch Inc ($373k) and Middlecreek Mennonite Fellowship ($373k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $73k. At year end it held assets of $1.2m against liabilities of $224k, net assets of $950k.