Cornerstone Retreat Center NFP

Analysis

Cornerstone Retreat Center NFP is a registered charity in United States, based in Orion, IL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Cornerstone Retreat Center NFP reported income of $65k and spending of $74k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $65k (+9.3%), an average of +9.3% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cornerstone Retreat Center NFP sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include The Georgia Foundation for Physical Therapy Inc ($65k), Iowa Care Community Inc ($65k) and Better Life Foundation Inc ($65k).

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 $90k against liabilities of $65, net assets of $90k.