Crossway Ministries Inc

Analysis

Crossway Ministries Inc is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in December 1991, 35 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 2023, Crossway Ministries Inc reported income of $119k and spending of $122k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $119k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Crossway Ministries Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within SC. Charities of a similar size with the same main cause include Jewish Education Program of Queens ($119k), Gods Church Holding Fast ($119k) and The Wichita Buddhist Association ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $37k (30% of expenses). Other salaries and wages came to $59k. At year end it held assets of $86k against liabilities of $0, net assets of $86k. It reported 4 employees.