Cross Ministry Group

Analysis

Cross Ministry Group is a registered charity in United States, based in Broomfield, CO. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Cross Ministry Group reported income of $369k and spending of $395k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $369k (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cross Ministry Group sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Messianic Ministry to Israel ($369k), The Journey Project ($369k) and Wall Watchers ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $93k (24% of expenses). Other salaries and wages came to $48k. At year end it held assets of $59k against liabilities of $48k, net assets of $11k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.