Crossover Athletics

Analysis

Crossover Athletics is a registered charity in United States, based in Lexington, SC. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2022, Crossover Athletics reported income of $297k and spending of $278k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $458k to $297k (-35%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crossover Athletics sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within SC. Charities of a similar size with the same main cause include Clarinda Athletic Booster Club Inc ($297k), Atalanta NYC Inc ($297k) and NJ Bulldogs a NJ Nonprofit Corporation ($297k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $61k (22% of expenses). At year end it held assets of $333k against liabilities of $122k, net assets of $212k. It reported 1 employees.