Crossroads Lousiana Inc

Analysis

Crossroads Lousiana Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 1982, 44 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Crossroads Lousiana Inc reported income of $7.5m and spending of $6.7m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $7.5m (+24%), an average of +5.5% a year. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Crossroads Lousiana Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Liberation Veteran Services Inc ($7.5m), Habitat for Humanity International Inc ($7.5m) and Friends of Kansas Christian Home Inc ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $262k (3.9% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $9.8m against liabilities of $3.6m, net assets of $6.2m. It reported 207 employees.