Crosslife International Inc

Analysis

Crosslife International Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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, Crosslife International Inc reported income of $76k and spending of $85k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $76k (-21%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crosslife International Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include San Ramon Valley Rotary Foundation ($76k), Westmoreland Walks Inc ($76k) and Homestead Athletic Boosters ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $17k against liabilities of $1,406, net assets of $16k.