Corner Table Inc

Analysis

Corner Table Inc is a registered charity in United States, based in Newton, NC. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 2023, Corner Table Inc reported income of $738k and spending of $595k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $543k to $738k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Corner Table Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NC. Charities of a similar size with the same main cause include Guadalupe-Parkway Neighborhood Center of Lubbock Inc ($738k), East Bay Dance Center-Move Dance Theatre ($738k) and Atlanta Fire Rescue Foundation Inc ($738k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. Other salaries and wages came to $264k. At year end it held assets of $1.7m against liabilities of $6,807, net assets of $1.7m. It reported 12 employees.