Common Ground Ministries Inc

Analysis

Common Ground Ministries Inc is a registered charity in United States, based in Haverhill, MA. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Ministries Inc reported income of $304k and spending of $209k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $304k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Common Ground Ministries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Redeeming Grace Ministries ($304k), Marys Children Inc ($304k) and Lifechange Foundation Inc ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $44k (21% of expenses). At year end it held assets of $1.2m against liabilities of $481k, net assets of $715k. It reported 1 employees.