Crossroads Incorporated

Analysis

Crossroads Incorporated is a registered charity in United States, based in New Brunswick, NJ. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Crossroads Incorporated reported income of $725k and spending of $917k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $461k to $725k (+57%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 98%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crossroads Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within NJ. Charities of a similar size with the same main cause include Childrens Toy Fund Inc ($725k), Pregnancy Resource Center ($725k) and New Beginnings Child Care of Montgomery County Indiana Inc ($725k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $169k (18% of expenses). Other salaries and wages came to $348k. At year end it held assets of $126k against liabilities of $345k, net assets of -$219k. It reported 61 employees.