Cornerstone Cougars Inc

Analysis

Cornerstone Cougars Inc is a registered charity in United States, based in Bellevue, NE. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Cougars Inc reported income of $359k and spending of $413k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $359k (+185%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 390%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cornerstone Cougars Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NE. Charities of a similar size with the same main cause include Friends of L a C E S ($359k), Owasso Cheerleader Booster Club Ocbc ($359k) and The George Washington Institute for Religious Freedom ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $94k against liabilities of $78k, net assets of $16k.