Crossroads Mission Enterprises Inc

Analysis

Crossroads Mission Enterprises Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Crossroads Mission Enterprises Inc reported income of $487k and spending of $479k, spending 98% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $331k to $487k (+47%), an average of +10% a year. The sharpest change came in the year to July 2021, when income rose by 168%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crossroads Mission Enterprises Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Socorro County Fair & Rodeo Assoc ($487k), Refugee Assistance Alliance Inc ($487k) and Cambodia Job Foundation ($487k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $182k. At year end it held assets of $173k against liabilities of $3,418, net assets of $170k.