Crossroads Worship Center of NJ Inc

Analysis

Crossroads Worship Center of NJ Inc is a registered charity in United States, based in Cliffwood, NJ. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Crossroads Worship Center of NJ Inc reported income of $391k and spending of $294k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $211k to $391k (+86%), an average of +36% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Crossroads Worship Center of NJ Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include World Tzurba Institute Inc ($391k), Daughters of Holy Mary of the Heart of Jesus ($392k) and Rustic Hope ($391k).

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 $28k (9.4% of expenses). Other salaries and wages came to $26k. At year end it held assets of $369k against liabilities of $30k, net assets of $338k. It reported 4 employees.