Cornerstone Counseling Ministries

Analysis

Cornerstone Counseling Ministries is a registered charity in United States, based in Easton, PA. It received its IRS tax-exemption ruling in February 2015, 11 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 Counseling Ministries reported income of $344k and spending of $314k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $192k to $344k (+79%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cornerstone Counseling Ministries sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include The Transplant Association of Texas ($344k), Sawyers Wish ($344k) and Chikondi Health Foundation ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $49k (16% of expenses). Other salaries and wages came to $43k. At year end it held assets of $113k against liabilities of $1,300, net assets of $111k. It reported 9 employees.