Crossroads Foundation

Analysis

Crossroads Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in December 1985, 41 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 June 2024, Crossroads Foundation reported income of $1.8m and spending of $2.3m, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $1.8m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crossroads Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Potters Studio ($1.8m), National Association for Interpretation ($1.8m) and Colleyville Soccer Association ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $148k (6.5% of expenses). Other salaries and wages came to $669k. At year end it held assets of $13.4m against liabilities of $142k, net assets of $13.3m. It reported 18 employees.