Public Charity

COMMONLIT INC

COMMONLIT INC is a Public Charity headquartered in WASHINGTON, DC. Financial data from the 2024 filing: $15.9M revenue, $20.6M expenses, $11.9M total assets. 30 publicly reported grants to this organization, totaling roughly $10.4M, appear in IRS filings.

EIN: 464255260 WASHINGTON, DC Education N.E.C. NTEE: B99 Latest filing: 2024
Total Revenue$15.9M
Total Expenses$20.6M
Total Assets$11.9M
Grant Records30
Funding Total$10.4M
Filing Years2019–2024

Mission

TO MAKE HIGH-QUALITY LITERACY MATERIALS ACCESSIBLE TO TEACHERS AND THE GENERAL PUBLIC FOR THE ADVANCEMENT OF EDUCATION.

Where $100 goes at Commonlit Inc

How Commonlit Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$10 Management running the organization
$2 Fundraising raising the next dollar

Inside the $88 for programs

$88
Education
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR OF SALES Amanda Riddle
CHIEF ACADEMIC OFFICER Anna Hodges
BOARD TREASURER (EFF. SEPT 24) Anne Taggart
BOARD MEMBER (EFF. 6/12/2024) Babak Mostaghimi
SENIOR SOFTWARE ENGINEER Brooks Johnson
VICE PRESIDENT OF PARTNERSHIPS Douglas Bogan

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$6,162,310 19 grants
Education
$3,991,474 9 grants
Human & Social Services
$200,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $15.9M $20.6M $11.9M
2023 $13.9M $17.2M $13.1M
2022 $11.9M $10.9M $11.4M
2020 $6.6M $5.2M $5.7M
2019 $4.2M $4.4M $3.7M

Between 2019 and 2024, reported annual revenue grew from $4.2M to $15.9M (+281%), with total assets most recently reported at $11.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for COMMONLIT INC

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