Crossing Inc

Analysis

Crossing Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Crossing Inc reported income of $1.2m and spending of $1.9m, spending 162% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.3m to $1.2m (-13%), an average of -3.4% a year. The sharpest change came in the year to August 2021, when income rose by 59%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crossing Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Christchurch School Foundation ($1.2m), Olentangy Orange Athletic Boosters Inc ($1.2m) and Greenwich Ballet Academy Inc ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $191k (10% of expenses). Other salaries and wages came to $100k. At year end it held assets of $408k against liabilities of $190k, net assets of $218k. It reported 5 employees.