Common Purpose Us Inc
EIN: 822151633 · Boston, MA · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $429K |
| Total Expenses | $81K |
| Net Assets | $-94,317 |
Is Common Purpose Us Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Common Purpose Us Inc
Common Purpose Us Inc (EIN: 822151633) is a nonprofit organization based in Boston, MA, classified under NTEE code B90. The organization reported total revenue of $429K and total assets of $216K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Common Purpose Us Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Common Purpose Us Inc is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2019–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -35.9% | -81.5% |
| 2023 | -55.8% | -60.3% | -6.1% |
| 2022 | +154.2% | +43.7% | +17.1% |
| 2021 | -33.6% | +13.3% | -17.0% |
| 2020 | +29.4% | +21.3% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Common Purpose Us Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Common Purpose Us Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 600.9%.
Frequently Asked Questions about Common Purpose Us Inc
Is Common Purpose Us Inc a legitimate charity?
Common Purpose Us Inc (EIN: 822151633) is a registered tax-exempt nonprofit based in Massachusetts. It has 6 years of IRS 990 filings on record. Total revenue: $429K. No red flags identified. Financial health grade: D.
How does Common Purpose Us Inc spend its money?
Common Purpose Us Inc reported $429K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Common Purpose Us Inc tax-deductible?
Common Purpose Us Inc is registered as a tax-exempt nonprofit (EIN: 822151633). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Common Purpose Us Inc located?
Common Purpose Us Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 822151633. It is classified under NTEE code B90.
How many years of IRS 990 filings does Common Purpose Us Inc have?
Common Purpose Us Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $429K in total revenue.
Filing History
IRS 990 filing history for Common Purpose Us Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2019–2023), Common Purpose Us Inc's revenue has declined by 100%, moving from $155K to $0. Total assets decreased by 81.9% over the same period, from $104K to $19K. Total functional expenses fell by 49.7%, from $162K to $81K. The organization holds $113K in liabilities against $19K in assets (debt-to-asset ratio: 600.9%), resulting in net assets of $-94,317.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $81K | $19K | $113K | — | View 990 |
| 2023 | $150K | $127K | $102K | $115K | — | View 990 |
| 2022 | $339K | $319K | $109K | $178K | — | View 990 |
| 2021 | $133K | $222K | $93K | $181K | — | — |
| 2020 | $201K | $196K | $112K | $106K | — | — |
| 2019 | $155K | $162K | $104K | $104K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $81K, and assets of $19K (revenue -100.0% year-over-year).
- 2023: Revenue of $150K, expenses of $127K, and assets of $102K (revenue -55.8% year-over-year).
- 2022: Revenue of $339K, expenses of $319K, and assets of $109K (revenue +154.2% year-over-year).
- 2021: Revenue of $133K, expenses of $222K, and assets of $93K (revenue -33.6% year-over-year).
- 2020: Revenue of $201K, expenses of $196K, and assets of $112K (revenue +29.4% year-over-year).
- 2019: Revenue of $155K, expenses of $162K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Common Purpose Us Inc:
Data Sources and Methodology
This transparency report for Common Purpose Us Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.