Cornerstone a Catholic Scripture

Analysis

Cornerstone a Catholic Scripture is a registered charity in United States, based in Wildwood, MO. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2024, Cornerstone a Catholic Scripture reported income of $92k and spending of $99k, spending 107% of what it took in. Across the 2 years on record, from August 2023 to August 2024, income grew from $75k to $92k (+23%), an average of +23% a year. The sharpest change came in the year to August 2024, when income rose by 23%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cornerstone a Catholic Scripture sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MO. Charities of a similar size with the same main cause include Fit and Flourish ($92k), Micah Ministry ($92k) and Ki@lolam Chasdo Inc ($92k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.