Crossroads Ministries Inc

Analysis

Crossroads Ministries Inc is a registered charity in United States, based in Gaylord, MI. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Ministries Inc reported income of $199k and spending of $244k, spending 123% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $294k to $199k (-32%), an average of -12% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Crossroads Ministries Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Greenway Ministries Inc ($199k), Warren Culwell Ministry Inc ($199k) and Muyeum & Zen Center ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.