Cornerstone Childrens Ranch Inc

Analysis

Cornerstone Childrens Ranch Inc is a registered charity in United States, based in Quemado, TX. It received its IRS tax-exemption ruling in March 1999, 27 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 December 2023, Cornerstone Childrens Ranch Inc reported income of $132k and spending of $127k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $132k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cornerstone Childrens Ranch Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Clearwater County Senior Citizens Inc ($132k), Qoheleth Ministries ($132k) and Canaan Land Community Center ($132k).

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 $353k against liabilities of $0, net assets of $353k.