Charity Search / CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC
Community Improvement (S30) 990 on File

CROSSTOWN REDEVELOPMENT COOPERATIVE ASSOCIATION INC

EIN: 47-2073263 · MEMPHIS, TN 38125-0000 · United States · FY 2024 Data
2 out of 5 26 / 100 Based on 2+ years of filings
Financial strength (30%) 22/100
Reliability (20%) 50/100
Effectiveness (25%) 38/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
Claim this Charity
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.5M
Total Revenue
$1.5M
Total Expenses
$-5,702,967
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 43.7%
Fundraising Efficiency N/A
Operating Reserve -44.45x
Liability-to-Asset 147.3%
Revenue Diversification 69.7%
Executive Compensation $613K
Compared with Peers
FY 2024
Compared with 1,629 similar organizations (United States, Community Improvement, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
43.7% 85.2%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
56.3% 11.8%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.1%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
-44.5 mo 9.7 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
147.3% 21.3%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
69.7% 90.7%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-39.0% 8.9%
P10P90
Expense growth
Year over year expense growth
64.3% 10.2%
P10P90
Surplus margin
Surplus as a share of revenue
-2.7% 1.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.5M $1.5M $-5,702,967 43.7% 3
2023 $2.5M $937K $-5,667,065 45.3% 3
2022 $44.6M $523K $5.3M 56.5% 2
2021 $218K $400K N/A — 1
Donor Reviews
Write a Review
No reviews yet

Be the first to share your experience with this organization.


Write a Review
Minimum 20 characters
Reviews appear after moderation (usually within 24 hours)
Organization Details
EIN
47-2073263
State
TN
City
MEMPHIS
ZIP
38125-0000
Classification
S30
Category
Community Improvement
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
Is this your organization?

Claim it to manage this profile, add your board, financials and impact metrics, and lift your CharityAI™ rating.

Claim this Charity
Back to Search New Search