Cornerstone Oncology Massage Clinical Training Research and Dev

Analysis

Cornerstone Oncology Massage Clinical Training Research and Dev is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2021, 5 years ago. 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, Cornerstone Oncology Massage Clinical Training Research and Dev reported income of $63k and spending of $37k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $63k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cornerstone Oncology Massage Clinical Training Research and Dev sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Boiling Springs Little League Athletic Association ($63k), PTA California Congress of Parents Teachers & Students Inc ($63k) and USA Staffing Impact Foundation ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.