The Shareholder Commons Inc

Analysis

The Shareholder Commons Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, The Shareholder Commons Inc reported income of $1.1m and spending of $774k, leaving 27% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $491k to $1.1m (+117%), an average of +47% a year. The sharpest change came in the year to June 2022, when income rose by 196%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Shareholder Commons Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include L & M Products Inc ($1.1m), Jackson County Interfaith Volunteer Caregivers Inc ($1.1m) and Sunrise Childrens Services Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $264k (34% of expenses). Other salaries and wages came to $187k. At year end it held assets of $1.3m against liabilities of $34k, net assets of $1.2m. It reported 4 employees.