Cross International Inc

Analysis

Cross International Inc is a registered charity in United States, based in Pompano Beach, FL. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Cross International Inc reported income of $52.6m and spending of $56.8m, spending 108% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $86.6m to $52.6m (-39%), an average of -39% a year. The sharpest change came in the year to June 2020, when income dropped by 39%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cross International Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Strategic Resource Group Inc ($52.1m), Regional West Physicians Clinic ($58.7m) and United Bible Societies Association Inc ($50.9m).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $371k (0.7% of expenses). It paid $185k in professional fundraising fees. At year end it held assets of $1.6m against liabilities of $980k, net assets of $647k. It reported 22 employees.