COMMONLIT INC
AI Summary
CommonLit Inc is a nonprofit organization dedicated to advancing education by making high-quality literacy materials accessible to teachers and the general public. With an operating budget of $20.6 million and total revenue of $15.9 million for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information about its initiatives and resources can be found on its website, www.commonlit.org.
Mission Statement
TO MAKE HIGH-QUALITY LITERACY MATERIALS ACCESSIBLE TO TEACHERS AND THE GENERAL PUBLIC FOR THE ADVANCEMENT OF EDUCATION.
Cause Areas
1
Education
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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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Frequently Asked Questions
What is COMMONLIT INC’s budget?
In 2024, COMMONLIT INC reported an annual operating budget of around $20.6 million. More detailed financial information is available to registered users.
What causes does COMMONLIT INC support?
COMMONLIT INC supports work in Education.
Where does COMMONLIT INC operate?
COMMONLIT INC is headquartered in Washington, DC.
Who funded COMMONLIT INC recently?
In 2024, COMMONLIT INC received grants from RIPPLEWORKS INC, TENACRE FOUNDATION, and RIPPLEWORKS INC. More information on this organization’s funders is available to registered users.
What is the largest grant COMMONLIT INC received in 2024?
The largest grant to COMMONLIT INC in 2024 exceeds $3 million.
What is COMMONLIT INC’s reliance on government grants?
COMMONLIT INC relied on government grants for more than 5% of their total revenue in 2024.