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Corner to Corner

RegisteredEIN 47-3007704Nashville, TNPoverty relief
Income$2.7m2023-12
Spending$2.3msame year
Spent / received71%5-year average
Size in its cause86th pctPoverty relief
Exempt since2015Publicly supported organisat
Employees19latest return

Analysis

Corner to Corner is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Corner to Corner reported income of $2.7m and spending of $2.3m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $401k to $2.7m (+562%), an average of +60% a year. The sharpest change came in the year to December 2020, when income rose by 117%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Corner to Corner sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Partnerships for Children ($2.7m), Pregnancy Decision Health Centers ($2.7m) and Usta Northern ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $96k (4.2% of expenses). Other salaries and wages came to $953k. At year end it held assets of $2.7m against liabilities of $161k, net assets of $2.5m. It reported 19 employees.

Income and spending

$0$667k$1.3m$2.0m$2.7m2019 Income: $400,9642019 Spending: $365,03420192020 Income: $869,4822020 Spending: $509,68120202021 Income: $1,433,3872021 Spending: $768,55120212022 Income: $2,667,2152022 Spending: $1,763,99620222023 Income: $2,655,0112023 Spending: $2,319,8122023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 1.4%
  • Other 0.3%

Similar-sized charities, same cause

CharityLocationIncome
Partnerships for ChildrenAustin$2.7m
Pregnancy Decision Health CentersColumbus$2.7m
Usta NorthernEagan$2.7m
Eagles Wings IncCoker$2.7m