Common School Inc

Analysis

Common School Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in April 1969, 57 years ago. 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 August 2023, Common School Inc reported income of $2.6m and spending of $2.6m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.7m to $2.6m (+59%), an average of +12% a year. The sharpest change came in the year to August 2022, when income rose by 53%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Common School Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Shree Shakti Mander of Atlanta Inc ($2.6m), Charlotte County Homeless Coalition Inc ($2.6m) and Maine Peoples Resource Center ($2.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $248k (9.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.7m against liabilities of $967k, net assets of $2.7m. It reported 69 employees.