Cross Roads Pre-School Ltd

Analysis

Cross Roads Pre-School Ltd is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cross Roads Pre-School Ltd reported income of $985k and spending of $850k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $495k to $985k (+99%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cross Roads Pre-School Ltd 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 79th percentile, and in the 76th percentile within AZ. Charities of a similar size with the same main cause include Aggie Athletic Foundation of North Carolina A&t State Universit ($985k), Franklin Force Foundation ($985k) and Missionary Baptist Seminary & Institute ($985k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $71k (8.4% of expenses). Other salaries and wages came to $532k. At year end it held assets of $327k against liabilities of $121k, net assets of $207k. It reported 39 employees.