Crosspoint Inc

Analysis

Crosspoint Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 1964, 62 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Crosspoint Inc reported income of $8.3m and spending of $8.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $8.3m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Crosspoint Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Home for Aged Masons ($8.3m), Family Reach Foundation ($8.3m) and Digital Medicine Society Inc ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $19.0m against liabilities of $10.4m, net assets of $8.6m.