Crosswinds Inc

Analysis

Crosswinds Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in March 2013, 13 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, Crosswinds Inc reported income of $2.8m and spending of $5.2m, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.8m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 130% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crosswinds Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Respond Inc ($2.8m), Ronald McDonald House of Charlotte Inc ($2.8m) and Tuscarawas County Committee on Aging ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 93% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $785k against liabilities of $5.3m, net assets of -$4.5m. It reported 75 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.