Cornerstone Non Profit Development Inc

Analysis

Cornerstone Non Profit Development Inc is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Non Profit Development Inc reported income of $121k and spending of $121k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $121k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 105% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cornerstone Non Profit Development Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include National Ecumenical Forum for Filipino Concerns-Inland Empire ($121k), Friends for African Development ($121k) and Arcadia Foundation Corp ($121k).

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 $3,045 against liabilities of $0, net assets of $3,045.