Common Sense Society

Analysis

Common Sense Society is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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 Sense Society reported income of $6.7m and spending of $6.8m, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $3.5m to $6.7m (+90%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Common Sense Society sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 83rd percentile within DC. Charities of a similar size with the same main cause include Nexus Inc ($6.7m), National Immigration Forum Inc ($6.7m) and Eliza Jennings Senior Care Network ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $705k (10% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.2m against liabilities of $3.1m, net assets of $131k. It reported 23 employees.