Crossroads United Way Inc

Analysis

Crossroads United Way Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in June 1959, 67 years ago. 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 2022, Crossroads United Way Inc reported income of $1.9m and spending of $2.0m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.8m to $1.9m (+6.2%), an average of +2.0% a year. The sharpest change came in the year to December 2020, when income rose by 112%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crossroads United Way Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Booker T Washington Community Center of Auburn New York Inc ($1.9m), Florida Public Pension Trustees Association Inc ($1.9m) and Rural & Migrant Ministries ($1.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $93k (4.8% of expenses). Other salaries and wages came to $519k. At year end it held assets of $4.3m against liabilities of $354k, net assets of $3.9m. It reported 11 employees.