Crossfire Ministries Inc

Analysis

Crossfire Ministries Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Crossfire Ministries Inc reported income of $7.9m and spending of $7.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $7.9m (+94%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 73%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Crossfire Ministries Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Sophia Institute Press ($7.9m), American Friends of Kupat Hair Inc ($7.9m) and Maalot ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (1.1% of expenses). Other salaries and wages came to $98k. At year end it held assets of $7.5m against liabilities of $22k, net assets of $7.5m. It reported 7 employees.