Common Good

Analysis

Common Good is a registered charity in United States, based in Washingron, DC. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Common Good reported income of $432k and spending of $531k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $432k (+100%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Common Good 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 68th percentile, and in the 41st percentile within DC. Charities of a similar size with the same main cause include The Friendship Paddle ($432k), Carolina Country Club Foundation Inc ($432k) and United Way of Walworth County Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $160k (30% of expenses). It paid $145k in professional fundraising fees. At year end it held assets of $36k against liabilities of $148k, net assets of -$112k. It reported 1 employees.