Cross Connecting Network

Analysis

Cross Connecting Network is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in January 2013, 13 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 June 2024, Cross Connecting Network reported income of $978k and spending of $867k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $838k to $978k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cross Connecting Network sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Casa de Luz ($977k), National Community Foundation ($978k) and Hanmee Presbyterian Church ($977k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $66k (7.6% of expenses). At year end it held assets of $451k against liabilities of $0, net assets of $451k.