Crossroads Outreach Ministries Inc

Analysis

Crossroads Outreach Ministries Inc is a registered charity in United States, based in Ridgeland, MS. It received its IRS tax-exemption ruling in October 2010, 16 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, Crossroads Outreach Ministries Inc reported income of $622k and spending of $483k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $321k to $622k (+94%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crossroads Outreach Ministries Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within MS. Charities of a similar size with the same main cause include Beyond Carnism Inc ($622k), Bob Burdette Center Inc ($622k) and Arizona State Fire Training Committee Inc ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $60k (12% of expenses). Other salaries and wages came to $97k. At year end it held assets of $687k against liabilities of $152k, net assets of $535k. It reported 10 employees.