Common Ground Foundation Inc

Analysis

Common Ground Foundation Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2022, Common Ground Foundation Inc reported income of $971k and spending of $946k, spending 97% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $974k to $971k (-0.3%), an average of -0.1% a year. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Common Ground Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include The Connecticut Childrens Alliance Inc ($971k), Boys & Girls Club of Cathedral City ($972k) and Boys and Girls Club of Siouxland Inc ($971k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $240k. At year end it held assets of $1.2m against liabilities of $24k, net assets of $1.2m. It reported 6 employees.