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Crossroads Fellowship Foundation

RegisteredEIN 56-2223603Raleigh, NCReligion
Income$354k2023-07
Spending$261ksame year
Spent / received89%5-year average
Size in its cause78th pctReligion
Exempt since2001Supporting organisation
Employees0latest return

Analysis

Crossroads Fellowship Foundation is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Crossroads Fellowship Foundation reported income of $354k and spending of $261k, leaving 26% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $204k to $354k (+74%), an average of +15% a year. The sharpest change came in the year to July 2020, when income rose by 71%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Crossroads Fellowship Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Oregon Meditation Center ($354k), John Murry Evangelistic Association ($354k) and Pakachoag Church Foundation ($354k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3,457. At year end it held assets of $328k against liabilities of $0, net assets of $328k.

Income and spending

$0$89k$177k$266k$354k2019 Income: $204,1672019 Spending: $191,90520192020 Income: $350,0002020 Spending: $326,17420202021 Income: $353,0002021 Spending: $319,64020212022 Income: $350,0002022 Spending: $333,99820222023 Income: $354,4132023 Spending: $260,7682023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Oregon Meditation CenterPortland$354k
John Murry Evangelistic AssociationHarrisonville$354k
Pakachoag Church FoundationAuburn$354k
Early Childhood Christian NetworkMcKinney$355k