Crossfire Ministries International Inc

Analysis

Crossfire Ministries International Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in October 1993, 33 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 2021, Crossfire Ministries International Inc reported income of $1.3m and spending of $607k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2020 to December 2021, income grew from $782k to $1.3m (+64%), an average of +64% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 56% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Crossfire Ministries International Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Moriel Ministries ($1.3m), Missoula Interfaith Collaborative ($1.3m) and Action in Montgomery Inc ($1.3m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $262k (43% of expenses). Other salaries and wages came to $12k. At year end it held assets of $1.1m against liabilities of $2,745, net assets of $1.1m. It reported 3 employees.