Cornerstone Recovering Community

Analysis

Cornerstone Recovering Community is a registered charity in United States, based in Cntry CLB HLS, IL. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Cornerstone Recovering Community reported income of $1.5m and spending of $1.4m, spending 96% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $1.7m to $1.5m (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cornerstone Recovering Community sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include American Academy of Osteopathy ($1.5m), Red Arena ($1.5m) and Friendship House Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $205k (14% of expenses). Other salaries and wages came to $104k. At year end it held assets of $133k against liabilities of $72k, net assets of $61k. It reported 7 employees.