Cornerstone Christian School Society

Analysis

Cornerstone Christian School Society is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Cornerstone Christian School Society reported income of $2.0m and spending of $1.0m, leaving 49% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $856k to $2.0m (+137%), an average of +19% a year. The sharpest change came in the year to July 2024, when income rose by 108%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cornerstone Christian School Society sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within WA. Charities of a similar size with the same main cause include Bais Chana Heritage School Inc ($2.0m), Wisys Technology Foundation Inc ($2.0m) and Malaika Early Learning Center Inc ($2.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 61% and program service revenue 36% of the total. Other salaries and wages came to $655k. At year end it held assets of $2.8m against liabilities of $120k, net assets of $2.7m. It reported 40 employees.