Common Ground Inc

Analysis

Common Ground Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Common Ground Inc reported income of $335k and spending of $369k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $335k (+6.0%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Common Ground Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Wyoming County Business Assistance Corporation ($335k), Mom Your Business ($335k) and Hellgate Management Corporation ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $107k (29% of expenses). Other salaries and wages came to $137k. At year end it held assets of $415k against liabilities of $0, net assets of $415k. It reported 4 employees.