Cross Roads Missions

Analysis

Cross Roads Missions is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending January 2024, Cross Roads Missions reported income of $3.6m and spending of $3.4m, spending 95% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $2.3m to $3.6m (+55%), an average of +12% a year. The sharpest change came in the year to January 2023, when income rose by 115%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cross Roads Missions sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Love Does Parade ($3.6m), Masonic-Eastern Star Home for Children ($3.6m) and Small Faces Child Development Center ($3.6m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $66k (1.9% of expenses). Other salaries and wages came to $770k. It paid $68k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $490k, net assets of $1.2m. It reported 23 employees.