Cornerstone Christian Schools Inc

Analysis

Cornerstone Christian Schools Inc is a registered charity in United States, based in Lewiston, ID. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cornerstone Christian Schools Inc reported income of $400k and spending of $449k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $382k to $400k (+4.9%), an average of +1.2% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cornerstone Christian Schools Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within ID. Charities of a similar size with the same main cause include One Solution Foundation Inc ($400k), Center for Metal Arts Inc ($400k) and Butte County Office of Education Charitable TR ($400k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $5,377 (1.2% of expenses). Other salaries and wages came to $349k. At year end it held assets of $121k against liabilities of $8,205, net assets of $113k. It reported 21 employees.