Counterpoint Commons
Analysis
Counterpoint Commons is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Counterpoint Commons reported income of $131k and spending of $157k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $130k to $131k (+0.8%), an average of +0.2% a year. Over the whole period it spent 115% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Counterpoint Commons sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include Organize Sacramento ($131k), Freedom House Ministries FHM ($132k) and Eaton Street Apartments ($131k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $556k against liabilities of $311k, net assets of $245k.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 34%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Organize Sacramento | Sacramento | $131k |
| Freedom House Ministries FHM | Bedford | $132k |
| Eaton Street Apartments | Machias | $131k |
| Transitions DMC Inc | Burlington | $132k |