Cornerstone International Inc

Analysis

Cornerstone International Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 International Inc reported income of $67k and spending of $67k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $67k (-14%), an average of -14% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cornerstone International Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within MS. Charities of a similar size with the same main cause include Tu Lien Buddhist Temple Inc ($67k), Arms Around the World ($67k) and Advance International ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $506 against liabilities of $0, net assets of $506.