Crosspointe Preparatory

Analysis

Crosspointe Preparatory is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Crosspointe Preparatory reported income of $530k and spending of $531k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $365k to $530k (+45%), an average of +7.8% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crosspointe Preparatory sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within AR. Charities of a similar size with the same main cause include Perry Initiative ($530k), Olancho Aid Foundation Inc ($530k) and Musical Theatre of Anthem Inc ($530k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $48k (8.9% of expenses). Other salaries and wages came to $280k. At year end it held assets of $388k against liabilities of $0, net assets of $388k. It reported 30 employees.