Crossover Ministries

Analysis

Crossover Ministries is a registered charity in United States, based in Simpsonville, SC. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2022, Crossover Ministries reported income of $1.0m and spending of $970k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $789k to $1.0m (+29%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Crossover Ministries sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within SC. Charities of a similar size with the same main cause include Child Refuge Centers International Inc ($1.0m), Christian Camps and Conferences -Maine Inc ($1.0m) and Pushtimargiya Vaishnav Samaj of Southeast USA Inc ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $244k. At year end it held assets of $951k against liabilities of $9,296, net assets of $942k.