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Cornerstone Community Alcohol and

RegisteredEIN 77-0259210Hanford, CAHealth and saving lives
Income$1.4m2023-06
Spending$1.3msame year
Spent / received98%5-year average
Size in its cause68th pctHealth and saving lives
Exempt since1994Publicly supported organisat
Employees25latest return

Analysis

Cornerstone Community Alcohol and is a registered charity in United States, based in Hanford, CA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Cornerstone Community Alcohol and reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $799k to $1.4m (+78%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 58%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cornerstone Community Alcohol and sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Southwest Viral Med Inc ($1.4m), Latino Leadership Council ($1.4m) and Northern Indiana Maternal and Child Health Network Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Other salaries and wages came to $620k. At year end it held assets of $1.6m against liabilities of $1.4m, net assets of $234k. It reported 25 employees.

Income and spending

$0$355k$710k$1.1m$1.4m2019 Income: $798,8772019 Spending: $689,98920192020 Income: $1,028,3902020 Spending: $784,90220202021 Income: $1,124,0142021 Spending: $1,072,49120212022 Income: $898,0682022 Spending: $1,260,71320222023 Income: $1,419,8022023 Spending: $1,332,4512023
IncomeSpending

Where the income comes from

  • Contributions & grants 26%
  • Program services 74%

Similar-sized charities, same cause

CharityLocationIncome
Southwest Viral Med IncEl Paso$1.4m
Latino Leadership CouncilAuburn$1.4m
Northern Indiana Maternal and Child Health Network IncMishawaka$1.4m
Unified Medical Equipment Solutions IncSearcy$1.4m