Cross Roads House Inc

Analysis

Cross Roads House Inc is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Cross Roads House Inc reported income of $4.4m and spending of $3.3m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.8m to $4.4m (+59%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cross Roads House Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NH. Charities of a similar size with the same main cause include Josephs House and Shelter Inc ($4.4m), Calvary Womens Services Inc ($4.5m) and New Mexico Coalition to End Homelessness ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 3.9% of the total. Compensation of current officers, directors and key employees was $155k (4.6% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $11.2m against liabilities of $437k, net assets of $10.7m. It reported 49 employees.