United Way of the Crossroads Inc
Analysis
United Way of the Crossroads Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, United Way of the Crossroads Inc reported income of $762k and spending of $771k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $916k to $762k (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2020, when income dropped by 21%. Over the whole period it spent 118% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, United Way of the Crossroads Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Therapeutic Riding Center Foundation ($762k), All in All the Time ($763k) and The Greater Oxford Community Foundation ($762k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $73k (9.5% of expenses). Other salaries and wages came to $91k. At year end it held assets of $580k against liabilities of $496k, net assets of $85k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.6%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Therapeutic Riding Center Foundation | Chagrin Falls | $762k |
| All in All the Time | Virginia BCH | $763k |
| The Greater Oxford Community Foundation | Oxford | $762k |
| Mid Lane Cares | Veneta | $763k |