Commonworks

Analysis

Commonworks is a registered charity in United States, based in Anaheim Hills, CA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Commonworks reported income of $2.1m and spending of $1.7m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.1m (+58%), an average of +12% a year. The sharpest change came in the year to June 2022, when income dropped by 100%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Commonworks sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Lutheran Senior Services of Dover Inc ($2.1m), Peace Neighborhood Center ($2.1m) and The E3 Ranch Foundation Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $36k (2.1% of expenses). Other salaries and wages came to $191k. At year end it held assets of $6.9m against liabilities of $2.4m, net assets of $4.5m. It reported 23 employees.