Way of the Cross

Analysis

Way of the Cross is a registered charity in United States, based in Gadsden, AL. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Way of the Cross reported income of $100k and spending of $113k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $100k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Way of the Cross sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within AL. Charities of a similar size with the same main cause include Millington Lions Club Foundation ($100k), Jacobs Well ($100k) and Tri-County Excelsior Foundation ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.