Common Ground Management Corporation
505 8th Ave Rm 12, New York, NY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $71,323,952 | $81,163,510 | -$110,816,246 |
| FY2023 | $58,939,172 | $66,946,686 | -$100,976,688 |
| FY2022 | $58,980,963 | $58,538,915 | -$92,969,173 |
| FY2021 | $41,849,859 | $50,471,279 | -$93,411,221 |
| FY2020 | $34,144,511 | $42,277,221 | -$84,789,801 |
| FY2019 | $32,462,137 | $38,982,737 | -$76,906,887 |
| FY2018 | $30,584,969 | $36,387,369 | -$70,386,287 |
| FY2017 | $21,171,718 | $29,167,959 | -$64,583,887 |
| FY2016 | $10,144,825 | $16,096,279 | -$56,587,646 |
| FY2015 | $5,573,903 | $11,234,607 | -$50,636,192 |
| FY2014 | $5,780,381 | $10,423,014 | -$44,975,488 |
| FY2013 | $15,925,451 | $21,167,064 | -$40,332,855 |
| FY2012 | $16,153,510 | $19,953,406 | -$35,091,242 |
| FY2011 | $5,258,344 | $12,313,973 | -$31,291,346 |
Form 990 filings
The returns filed by Common Ground Management Corporation (EIN 13-3871134), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $70,244,884 | 98% |
| Other revenue | $1,079,068 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $64,058,442 | 79% |
| Management & general | $17,105,068 | 21% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 98% of total revenue in FY2024.
- Program services accounted for 79% of functional expenses, management & general 21%, and fundraising 0%.
- 79% of functional expenses went to program services in FY2024. That is higher than 18.5% of 27 Employment organizations in NY.
- Net assets covered about -16.4 months of expenses at the end of the reporting year. That puts it in the 1st percentile among 512 Employment organizations in NY.
- Total revenue was higher than 98.8% of 519 Employment organizations in NY.
- Total revenue rose from $5,258,344 in FY2011 to $71,323,952 in FY2024. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 13 of 14 reported years (FY2011, FY2012, FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2023, FY2024).
- Net assets declined from -$31,291,346 to -$110,816,246 between FY2011 and FY2024.
- Contributions and grants made up 61% of revenue in FY2011 and 0% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO ACT AS THE CENTRAL DISBURSEMENT UNIT FOR BREAKING GROUND AND ITS AFFILIATED ENTITIES.
IRS status
| Ruling year | 2000 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | J20 — Employment (in NY) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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