Crossway Community Inc

Analysis

Crossway Community Inc is a registered charity in United States, based in Kensington, MD. It received its IRS tax-exemption ruling in November 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Crossway Community Inc reported income of $1.6m and spending of $1.9m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $1.6m (-38%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Crossway Community Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include Mutual Housing Association of Hawaii Inc ($1.6m), Center for Changing Lives ($1.6m) and Miravia Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $134k (6.9% of expenses). At year end it held assets of $1.7m against liabilities of $556k, net assets of $1.1m. It reported 19 employees.