Is Cross To Light Corporation Legit?

Quick charity verification for Cross To Light Corporation (EIN: 203813612)

Verdict: Cross To Light Corporation appears trustworthy

92/100Mission Score
$453KRevenue
$838KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Cross To Light Corporation demonstrates strong financial health and spending efficiency, particularly in its most recent filing period. In 2023, the organization reported revenue of $1,090,006 against expenses of $496,415, resulting in a significant surplus that contributed to an increase in assets to $862,318. This indicates effective financial management and growth. The consistent reporting of 0% officer compensation across all available filings is a notable strength, suggesting a commitment to directing funds towards its mission rather than executive salaries. The organization's liabilities have consistently been low or zero, indicating a healthy balance sheet and responsible financial practices. Spending efficiency appears high, with expenses generally well below revenue, especially in recent years. For instance, in 2023, only 45.5% of revenue was spent on expenses ($496,415 / $1,090,006). While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation implies a lean operational structure. The organization's consistent filing history over 13 periods further suggests a commitment to transparency and regulatory compliance.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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