Crossroads Charter Schools

Analysis

Crossroads Charter Schools is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Crossroads Charter Schools reported income of $27.6m and spending of $20.8m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.0m to $27.6m (+130%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crossroads Charter Schools sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include College Now Greater Cleveland Inc ($27.6m), Inwood Academy for Leadership Charter School ($27.6m) and Spring Hill College ($27.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $654k (3.1% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $22.6m against liabilities of $9.0m, net assets of $13.6m. It reported 210 employees.