Cross-Over Ministry Inc

Analysis

Cross-Over Ministry Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Cross-Over Ministry Inc reported income of $12.7m and spending of $9.0m, leaving 29% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $7.2m to $12.7m (+76%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cross-Over Ministry Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Vine International Inc ($12.7m), Oconee Valley Healthcare Inc ($12.7m) and Community Nurse Inc ($12.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $381k (4.2% of expenses). Other salaries and wages came to $3.1m. It paid $156k in professional fundraising fees. At year end it held assets of $10.4m against liabilities of $1.6m, net assets of $8.8m. It reported 77 employees.