Cornerstone Family Interventions Inc

Analysis

Cornerstone Family Interventions Inc is a registered charity in United States, based in Madison, WV. It received its IRS tax-exemption ruling in May 2007, 19 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 April 2023, Cornerstone Family Interventions Inc reported income of $611k and spending of $545k, spending 89% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $392k to $611k (+56%), an average of +12% a year. The sharpest change came in the year to April 2021, when income rose by 62%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cornerstone Family Interventions Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within WV. Charities of a similar size with the same main cause include Mid City Nutrition Program ($611k), Manor Apartments Inc ($611k) and Earthen Vessels Outreach ($611k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $316k. At year end it held assets of $279k against liabilities of $9,035, net assets of $270k. It reported 10 employees.