Crossroads Young Mens Christian Association Inc

Analysis

Crossroads Young Mens Christian Association Inc is a registered charity in United States, based in Crown Point, IN. It received its IRS tax-exemption ruling in July 1977, 49 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 Young Mens Christian Association Inc reported income of $60.6m and spending of $24.6m, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.3m to $60.6m (+393%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 156%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crossroads Young Mens Christian Association Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Skills of Central Pennsylvania Inc ($60.6m), Food Bank of Eastern Michigan Inc ($60.9m) and Lutheran Home for the Aged ($60.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $568k (2.3% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $156.2m against liabilities of $21.8m, net assets of $134.4m. It reported 1,466 employees.