Crossroads Community Services Inc

Analysis

Crossroads Community Services Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, Crossroads Community Services Inc reported income of $19.5m and spending of $20.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $9.8m to $19.5m (+98%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 109%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Crossroads Community Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Snowline Health ($19.5m), Seniorage Area Agency on Aging ($19.5m) and Knox County Association for Remarkable Citizens Inc ($19.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $84k (0.4% of expenses). Other salaries and wages came to $522k. It paid $51k in professional fundraising fees. At year end it held assets of $4.8m against liabilities of $173k, net assets of $4.6m.