Crossed Bridges

Analysis

Crossed Bridges is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2023, Crossed Bridges reported income of $105k and spending of $143k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $105k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Crossed Bridges sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Wittmann School Education Foundation Inc ($105k), Southwest Spokane Community Center ($105k) and Playhouse Village Foundation ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $6,190, net assets of $20k.