Community Cornerstone Inc

Analysis

Community Cornerstone Inc is a registered charity in United States, based in Redway, CA. It received its IRS tax-exemption ruling in August 1985, 41 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 June 2024, Community Cornerstone Inc reported income of $565k and spending of $710k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $619k to $565k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Cornerstone Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Christian Outreach Program - Elkhorn ($565k), Toddler Program ($565k) and Breadcoin Foundation Ltd ($565k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $388k. At year end it held assets of $639k against liabilities of $31k, net assets of $608k. It reported 23 employees.