Crossroads Resource Center Inc

Analysis

Crossroads Resource Center Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1972, 54 years ago. 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, Crossroads Resource Center Inc reported income of $65k and spending of $44k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $103k to $65k (-37%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crossroads Resource Center Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Fit First Responders Inc ($65k), PTA South Carolina Congress ($65k) and Special People United to Ride Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $29k (66% of expenses). At year end it held assets of $148k against liabilities of $0, net assets of $148k. It reported 1 employees.