Matt 28 Childrens Family Cornerstone

Analysis

Matt 28 Childrens Family Cornerstone is a registered charity in United States, based in Buena Park, CA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Matt 28 Childrens Family Cornerstone reported income of $54k and spending of $55k, spending 103% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $38k to $54k (+40%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Matt 28 Childrens Family Cornerstone sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Greater Nicollet Area Community Foundation ($54k), Brick Companies Foundation Inc ($54k) and Idia College Old Girls Association N a ($54k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.