Cross Road Health Ministries Inc

Analysis

Cross Road Health Ministries Inc is a registered charity in United States, based in Glennallen, AK. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Cross Road Health Ministries Inc reported income of $7.2m and spending of $8.2m, spending 114% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $6.6m to $7.2m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to March 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cross Road Health Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within AK. Charities of a similar size with the same main cause include National Coalition of STD Directors ($7.2m), Talbert House Health Center ($7.2m) and Regional Medical Center at Lubec Me Inc ($7.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $175k (2.1% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $3.5m against liabilities of $497k, net assets of $3.0m. It reported 94 employees.