Common Ground Troy Inc
Analysis
Common Ground Troy Inc is a registered charity in United States, based in Troy, AL. It received its IRS tax-exemption ruling in January 2020, 6 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 Troy Inc reported income of $341k and spending of $387k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $20k to $341k (+1579%), an average of +102% a year. The sharpest change came in the year to December 2020, when income rose by 679%. Over the whole period it spent 72% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Common Ground Troy Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within AL. Charities of a similar size with the same main cause include By Grace Alone Ministries Foundation ($341k), Zambia Project ($341k) and Bible Translation Fellowship ($341k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $160k. At year end it held assets of $357k against liabilities of $8,941, net assets of $348k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| By Grace Alone Ministries Foundation | Waxhaw | $341k |
| Zambia Project | Wilmington | $341k |
| Bible Translation Fellowship | Sacramento | $341k |
| Vision Ohio | W Alexandria | $341k |