The Commonwealth of Christ Inc

Analysis

The Commonwealth of Christ Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in March 1985, 41 years ago. 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 Commonwealth of Christ Inc reported income of $92k and spending of $76k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $92k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Commonwealth of Christ Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include PTA Maryland Congress of Parents & Teachers Inc ($92k), Association of Ski Defense Attorney ($92k) and Little League Baseball Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $25k against liabilities of $12k, net assets of $14k.