Crosspoint Clinical Services Inc

Analysis

Crosspoint Clinical Services Inc is a registered charity in United States, based in W Springfield, MA. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Crosspoint Clinical Services Inc reported income of $1.8m and spending of $1.7m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $785k to $1.8m (+123%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Crosspoint Clinical Services Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include Institute for Therapy Through the Arts ($1.8m), Pediatric Spine Foundation ($1.8m) and Ronald McDonald House Charities of Wichita Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $230k against liabilities of $92k, net assets of $138k. It reported 39 employees.