Crossstate Credit Union Foundation

Analysis

Crossstate Credit Union Foundation is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in July 1996, 30 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 December 2023, Crossstate Credit Union Foundation reported income of $369k and spending of $260k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $369k (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crossstate Credit Union Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Cross Outreach ($369k), Team Hill Foundation Inc ($369k) and Clearwater Youth Alliance ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 18% of the total. At year end it held assets of $936k against liabilities of $26k, net assets of $911k.