Crossover World Inc

Analysis

Crossover World Inc is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in August 2014, 12 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, Crossover World Inc reported income of $103k and spending of $86k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $162k to $103k (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crossover World Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Better Life for All ($103k), Crosspointe International Inc ($103k) and International Therapy Outreach Teams Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $58k (67% of expenses). At year end it held assets of $80k against liabilities of $0, net assets of $80k. It reported 2 employees.