Corpus Christi Cross Inc

Analysis

Corpus Christi Cross Inc is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Corpus Christi Cross Inc reported income of $51k and spending of $74k, spending 147% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $291k to $51k (-83%), an average of -58% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 21% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corpus Christi Cross Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Magnolia Mission ($51k), Run to Remember Los Angeles ($51k) and Franklin Life Pregnancy Resource Center Inc ($51k).

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 $301k against liabilities of $0, net assets of $301k.