Common Ground Center Inc

Analysis

Common Ground Center Inc is a registered charity in United States, based in Starksboro, VT. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Common Ground Center Inc reported income of $640k and spending of $710k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $568k to $640k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Common Ground Center 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 70th percentile within VT. Charities of a similar size with the same main cause include New College Franklin Inc ($640k), Stanley Preschool Inc ($640k) and Stepping Stones to Learning ($640k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $77k (11% of expenses). Other salaries and wages came to $212k. At year end it held assets of $441k against liabilities of $381k, net assets of $60k. It reported 83 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.