Common Room Inc

Analysis

Common Room Inc is a registered charity in United States, based in Brighton, MA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 Room Inc reported income of $916k and spending of $428k, leaving 53% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $2.3m to $916k (-60%), an average of -26% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 21% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Common Room Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Mosaic Vermont Inc ($916k), Breath of My Heart Birth Place ($916k) and Caring Pregnancy Center Inc ($916k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (26% of expenses). Other salaries and wages came to $161k. At year end it held assets of $3.5m against liabilities of $11k, net assets of $3.4m. It reported 18 employees.