Cornerstone Womens Center

Analysis

Cornerstone Womens Center is a registered charity in United States, based in Saint Michael, MN. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Womens Center reported income of $634k and spending of $454k, leaving 28% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $184k to $634k (+244%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cornerstone Womens Center sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Health Care Partners Foundation Inc ($633k), Dr KS Family Medicine ($634k) and Wisconsin Institute for Immune and Cell Therapy Inc ($633k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $156k. At year end it held assets of $726k against liabilities of $170, net assets of $726k. It reported 9 employees.