Common Thread International Inc

Analysis

Common Thread International Inc is a registered charity in United States, based in Melrose, FL. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Thread International Inc reported income of $146k and spending of $112k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $146k (+217%), an average of +217% a year. The sharpest change came in the year to December 2023, when income rose by 217%. Over the whole period it spent 87% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Common Thread International Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Copake Lake Conservation Society Inc ($146k), Lake County Farm Bureau Education Corporation ($146k) and Indianapolis Garden Club ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $14k against liabilities of $933, net assets of $13k.