Cornerstone Christian Academy of Deridder Inc

Analysis

Cornerstone Christian Academy of Deridder Inc is a registered charity in United States, based in Deridder, LA. It received its IRS tax-exemption ruling in January 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 2022, Cornerstone Christian Academy of Deridder Inc reported income of $644k and spending of $576k, spending 89% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $558k to $644k (+15%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cornerstone Christian Academy of Deridder Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Achieve Now ($644k), Education Francaise Bay Area - French Education in the Bay Area ($645k) and Millbrae Education Foundation Inc ($644k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 3.5% and program service revenue 97% of the total. Other salaries and wages came to $402k. At year end it held assets of $133k against liabilities of $5,916, net assets of $127k. It reported 32 employees.