Crossroads Springs Africa Inc

Analysis

Crossroads Springs Africa Inc is a registered charity in United States, based in Sherman, CT. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2020, Crossroads Springs Africa Inc reported income of $669k and spending of $637k, spending 95% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $169k to $669k (+295%), an average of +295% a year. The sharpest change came in the year to December 2020, when income rose by 295%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Crossroads Springs Africa Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include One Atta Time ($669k), Bastion I Institute ($669k) and Corazon Inc ($668k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $210k against liabilities of $0, net assets of $210k.