Crossroads Christian School Inc
Analysis
Crossroads Christian School Inc is a registered charity in United States, based in Henderson, NC. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2024, Crossroads Christian School Inc reported income of $3.5m and spending of $3.4m, spending 97% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $2.6m to $3.5m (+35%), an average of +6.3% a year. The sharpest change came in the year to July 2020, when income dropped by 27%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Crossroads Christian School Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Cloud County Community College Foundation ($3.5m), High Meadow School Inc ($3.5m) and Waldorf in North Coastal Inc ($3.5m).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 15% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $136k (4.0% of expenses). Other salaries and wages came to $1.6m. It paid $2,000 in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $619k, net assets of $1.0m. It reported 72 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 66%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cloud County Community College Foundation | Concordia | $3.5m |
| High Meadow School Inc | Stone Ridge | $3.5m |
| Waldorf in North Coastal Inc | Vista | $3.5m |
| Somerset Academy Foundation Inc | Pembroke Pnes | $3.5m |