Corpus Inc

Analysis

Corpus Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Corpus Inc reported income of $397k and spending of $426k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $397k (+49%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 169%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Corpus Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Emmaus Inn Ministries ($397k), Equipping Pastors International Inc ($397k) and Kampuchea for Christ U S a ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $268k (63% of expenses). Other salaries and wages came to $44k. At year end it held assets of $1.0m against liabilities of $12k, net assets of $1.0m.