Crossfire Foundation

Analysis

Crossfire Foundation is a registered charity in United States, based in Redmond, WA. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Crossfire Foundation reported income of $2.7m and spending of $1.4m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.7m (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crossfire Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Intercollegiate Tennis Coaches ($2.7m), North Coast Section of the Californ Ia Interscholastic Federation ($2.7m) and American Gold Gymnastics ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. At year end it held assets of $2.1m against liabilities of $5,510, net assets of $2.1m. It reported 3 employees.