Crossing Thresholds Inc

Analysis

Crossing Thresholds Inc is a registered charity in United States, based in Wilton, CT. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Crossing Thresholds Inc reported income of $1.2m and spending of $1.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.2m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crossing Thresholds Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include The Lower Lab School Parent Teachers Association Inc ($1.2m), Ed Allies ($1.2m) and Sun Valley Culinary Institute ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $221k. At year end it held assets of $754k against liabilities of $3,974, net assets of $750k. It reported 6 employees.