Cornell Ministries Inc

Analysis

Cornell Ministries Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in March 2018, 8 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, Cornell Ministries Inc reported income of $209k and spending of $179k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $213k to $209k (-1.8%), an average of -1.8% a year. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cornell Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Sanad Trust Foundation Inc ($209k), Mikvah of Flair ($209k) and FRG Ministry International Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $245k against liabilities of $0, net assets of $245k.