Counseling at Cornerstone

Analysis

Counseling at Cornerstone is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in September 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Counseling at Cornerstone reported income of $121k and spending of $120k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $121k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Counseling at Cornerstone sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Substance Abuse Council of Vanderburgh County ($121k), Interamerican Heart Foundation Inc ($121k) and Nami Indianapolis Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.