Cornerstone Cottage School Inc

Analysis

Cornerstone Cottage School Inc is a registered charity in United States, based in Belden, MS. It received its IRS tax-exemption ruling in April 2021, 5 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 Cottage School Inc reported income of $273k and spending of $227k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $233k to $273k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cornerstone Cottage School Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MS. Charities of a similar size with the same main cause include Emergency Medicine Educational Foundation of Northeast Indiana ($273k), Childrens Center of North Harford ($273k) and Crete Public Schools Trust ($273k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.