Crossroads Community Inc
Analysis
Crossroads Community Inc is a registered charity in United States, based in Centreville, MD. It received its IRS tax-exemption ruling in October 1984, 42 years ago. Its declared purposes cover human services, 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 Inc reported income of $4.7m and spending of $4.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $4.7m (+14%), an average of +3.3% a year. 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 Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Back on My Feet ($4.7m), Maryland Capital Enterprises Inc ($4.7m) and Matthias Academy Corporation ($4.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $189k (3.9% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $5.1m against liabilities of $1.4m, net assets of $3.8m. It reported 95 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 86%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Back on My Feet | Philadelphia | $4.7m |
| Maryland Capital Enterprises Inc | Salisbury | $4.7m |
| Matthias Academy Corporation | Benet Lake | $4.7m |
| Mothers Milk Bank at Austin | Austin | $4.7m |