Cross-Roads to Housing Education and Community Opportunities Inc

Analysis

Cross-Roads to Housing Education and Community Opportunities Inc is a registered charity in United States, based in Compton, CA. It received its IRS tax-exemption ruling in December 2024, 2 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Cross-Roads to Housing Education and Community Opportunities Inc reported income of $1.0m and spending of $946k, spending 92% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $967k to $1.0m (+6.2%), an average of +2.0% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cross-Roads to Housing Education and Community Opportunities Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Christian Task Force Inc ($1.0m), Brighton Housing Incorporated ($1.0m) and Community Fund of North Miami Dade Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $96k (10% of expenses). Other salaries and wages came to $140k. At year end it held assets of $9.4m against liabilities of $9.1m, net assets of $358k. It reported 2 employees.