Common Ground Ministries

Analysis

Common Ground Ministries is a registered charity in United States, based in Waxahachie, TX. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Ground Ministries reported income of $178k and spending of $110k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $178k (+112%), an average of +112% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Common Ground Ministries sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Lydias Place Inc ($178k), Collective Church Inc ($178k) and Convergence East ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $128k against liabilities of $3,147, net assets of $125k.