The Chief Cornerstone Alliance

Analysis

The Chief Cornerstone Alliance is a registered charity in United States, based in Livingston, TX. It received its IRS tax-exemption ruling in September 1992, 34 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, The Chief Cornerstone Alliance reported income of $153k and spending of $152k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $129k to $153k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. 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, The Chief Cornerstone Alliance sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include St Andrews Church Foundation Inc ($153k), All Saints Community Church ($153k) and Blue Ocean Faith ($153k).

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 $125 against liabilities of $0, net assets of $125.