Crossroads Inc of Muscatine

Analysis

Crossroads Inc of Muscatine is a registered charity in United States, based in Muscatine, IA. It received its IRS tax-exemption ruling in August 1970, 56 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Crossroads Inc of Muscatine reported income of $4.9m and spending of $4.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $4.9m (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Crossroads Inc of Muscatine sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IA. Charities of a similar size with the same main cause include Nye Communities Coalition ($4.9m), Goodwill Manufacturing Inc ($4.9m) and Operation Fresh Start Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $151k (3.3% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $2.7m against liabilities of $586k, net assets of $2.1m. It reported 156 employees.