Cross-Asia

Analysis

Cross-Asia is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in May 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 December 2023, Cross-Asia reported income of $56k and spending of $60k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $56k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cross-Asia sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Molier Foundation ($56k), The Cupps Ministries Inc ($56k) and Iglesia de Dios Pentecostes Luz a Las Naciones ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.