Overview

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Est.

2000

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

Build Commonwealth Inc, with EIN 04-3540147, is a nonprofit organization dedicated to enhancing the financial opportunity and security of low- and moderate-income consumers through innovative financial products and policies. With an operating budget of $5.9 million and total revenue of $14.9 million for the 2024 filing year, the organization aims to create a financial system that fosters lasting social and economic prosperity for every family. It does not rely on a single funder for 50% or more of its revenue, ensuring diverse support for its mission. For more information, visit www.buildcommonwealth.org.

Mission Statement

Build Commonwealth, Inc. strengthens the financial opportunity and security of low-and moderate-income consumers by innovating, incubating and stimulating new financial products and policies. Build Commonwealth, Inc. envisions a world where the financial system promotes lasting social and economic prosperity for every family.
Revenues
$14.9M
Expenses
$5.9M
Net Income:
+$9M
Assets
$13.6M
Liabilities
$675K
Net Assets:
+$12.9M
Operating Budget
$5.9M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
8
Median grant size
$250.3K
Largest grant received
$2M
T
Timothy Flacke
Board Member
B
Brian Gilmore
Board Member
H
Haydee Moreno
Board Member

Frequently Asked Questions

What is Build Commonwealth Inc’s budget?
In 2024, Build Commonwealth Inc reported an annual operating budget of around $5.9 million. More detailed financial information is available to registered users.
What causes does Build Commonwealth Inc support?
Build Commonwealth Inc supports work in Public affairs.
Where does Build Commonwealth Inc operate?
Build Commonwealth Inc is headquartered in Boston, MA.
Who funded Build Commonwealth Inc recently?
In 2024, Build Commonwealth Inc received grants from THE BLACKROCK CHARITABLE FOUNDATION, FIDELITY FOUNDATION, and THE BLACKROCK CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Build Commonwealth Inc received in 2024?
The largest grant to Build Commonwealth Inc in 2024 exceeds $2 million.