Crossroads Global Initiative Inc

Analysis

Crossroads Global Initiative Inc is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in April 2001, 25 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 December 2023, Crossroads Global Initiative Inc reported income of $69k and spending of $92k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $69k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crossroads Global Initiative Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Business & Entrepreneurial Learning Academy Inc ($69k), Lake Seminole Square Scholarship Fund Inc ($69k) and Alumni Association of the Lahey Clinic Foundation ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.