The Crosspoint Church Inc
Analysis
The Crosspoint Church Inc is a registered charity in United States, based in Yukon, OK. It received its IRS tax-exemption ruling in May 1998, 28 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 December 2022, The Crosspoint Church Inc reported income of $75k and spending of $116k, spending 155% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $135k to $75k (-45%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 105% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, The Crosspoint Church Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within OK. Charities of a similar size with the same main cause include Iglesia Evangelica El Camino Y LA Verdad ($75k), Central Alabama Emmaus Community Inc ($75k) and Sozo Chattanooga ($75k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 250% of the total. Compensation of current officers, directors and key employees was $48k (42% of expenses). At year end it held assets of $988k against liabilities of $75k, net assets of $913k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Iglesia Evangelica El Camino Y LA Verdad | Los Angeles | $75k |
| Central Alabama Emmaus Community Inc | Montgomery | $75k |
| Sozo Chattanooga | Chattanooga | $75k |
| Roses and Rainbows Ministry Inc | Reisterstown | $75k |