Severn Cross Roads Foundation Inc

Analysis

Severn Cross Roads Foundation Inc is a registered charity in United States, based in Crownsville, MD. It received its IRS tax-exemption ruling in December 1979, 47 years ago. 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 October 2023, Severn Cross Roads Foundation Inc reported income of $95k and spending of $111k, spending 117% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $89k to $95k (+6.8%), an average of +1.7% a year. The sharpest change came in the year to October 2021, when income rose by 108%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Severn Cross Roads Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Sheboygan Service Foundation Inc ($95k), Christian Outreach Ministries of Fayetteville NC Inc ($95k) and Mahakaruna Foundation ($95k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 17% and program service revenue 71% of the total. At year end it held assets of $396k against liabilities of $0, net assets of $396k.