The Common Place

Analysis

The Common Place is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 2015, 11 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 2023, The Common Place reported income of $986k and spending of $1.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $935k to $986k (+5.5%), an average of +1.3% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Common Place sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Boys & Girls Clubs of Brea Placentia Yorba Linda ($986k), T R a I L S Minisitries Inc ($987k) and The Police Athletic League of Manatee County Inc ($985k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $93k (8.5% of expenses). Other salaries and wages came to $399k. At year end it held assets of $295k against liabilities of $0, net assets of $295k. It reported 29 employees.