Cornerstone Community Church of Arpelar Inc

Analysis

Cornerstone Community Church of Arpelar Inc is a registered charity in United States, based in McAlester, OK. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cornerstone Community Church of Arpelar Inc reported income of $110k and spending of $113k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $110k (-9.5%), an average of -9.5% a year. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cornerstone Community Church of Arpelar Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OK. Charities of a similar size with the same main cause include Christian Family Ministries Inc ($110k), Iglesia Pentecostes Monte Sinai ($110k) and Gods Glory Ministries ($110k).

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 $133k against liabilities of $0, net assets of $133k.