Cornerstone Policy Research

Analysis

Cornerstone Policy Research is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cornerstone Policy Research reported income of $290k and spending of $364k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $290k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cornerstone Policy Research sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within NH. Charities of a similar size with the same main cause include Asset Building Network ($290k), Chinese Methodist Center Corporation ($290k) and Mississippi Urban League Inc ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $247k. At year end it held assets of $274k against liabilities of $9, net assets of $274k. It reported 4 employees.