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Crosslink Memphis Inc

RegisteredEIN 45-4848118Memphis, TNReligion
Income$270k2023-12
Spending$282ksame year
Spent / received103%2-year average
Size in its cause72nd pctReligion
Exempt since2012Publicly supported organisat
Employees3latest return

Analysis

Crosslink Memphis Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 2012, 14 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, Crosslink Memphis Inc reported income of $270k and spending of $282k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $247k to $270k (+9.3%), an average of +9.3% a year. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Crosslink Memphis Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Team Xtreme International ($270k), Return of the King Fellowship ($270k) and Eritrean Kidisti Mariam Orthodox Tewahedo Church ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $42k (15% of expenses). Other salaries and wages came to $52k. At year end it held assets of $44k against liabilities of $0, net assets of $44k. It reported 3 employees.

Income and spending

$0$71k$141k$212k$282k2022 Income: $246,9022022 Spending: $251,30620222023 Income: $269,7442023 Spending: $282,3142023
IncomeSpending

Where the income comes from

  • Contributions & grants 63%
  • Program services 37%

Similar-sized charities, same cause

CharityLocationIncome
Team Xtreme InternationalFrisco$270k
Return of the King FellowshipLos Angeles$270k
Eritrean Kidisti Mariam Orthodox Tewahedo ChurchSeattle$270k
Worldwide Bible SocietyMilpitas$270k