The Cornerstone Forum

Analysis

The Cornerstone Forum is a registered charity in United States, based in Sonoma, CA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Cornerstone Forum reported income of $94k and spending of $103k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $94k (+3.6%), an average of +3.6% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Cornerstone Forum sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Palm Springs Public Library Foundation ($94k), Warner Robins Band Boosters Inc ($94k) and Northern Rhode Island Collaborative ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. At year end it held assets of $54k against liabilities of $2,871, net assets of $51k.