Crossroads Inc

Analysis

Crossroads Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Crossroads Inc reported income of $35.3m and spending of $24.8m, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $21.2m to $35.3m (+66%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Crossroads Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Critical Path Institute ($35.3m), American Urological Association Education and Research Inc ($35.4m) and Lexmed Inc ($35.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $810k (3.3% of expenses). Other salaries and wages came to $11.1m. At year end it held assets of $52.8m against liabilities of $2.0m, net assets of $50.8m. It reported 264 employees.