Crossroads Health

Analysis

Crossroads Health is a registered charity in United States, based in Mentor, OH. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Crossroads Health reported income of $27.9m and spending of $29.2m, spending 105% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $8.3m to $27.9m (+237%), an average of +50% a year. The sharpest change came in the year to June 2021, when income rose by 145%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Crossroads Health sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Manet Community Health Center Inc ($27.9m), Vincentian Home ($27.9m) and Martin Luther King Jr Community Medical Foundation ($27.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 55% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $942k (3.2% of expenses). Other salaries and wages came to $16.7m. At year end it held assets of $35.5m against liabilities of $17.3m, net assets of $18.3m. It reported 439 employees.