Community Change Inc

Analysis

Community Change Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Change Inc reported income of $231k and spending of $341k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $305k to $231k (-24%), an average of -6.8% a year. The sharpest change came in the year to December 2020, when income rose by 72%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Change Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include South Warren Snowmobile Club Inc ($231k), Black Voice Foundation ($231k) and Wisconsin Ffa Center Inc ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $101k (30% of expenses). Other salaries and wages came to $83k. At year end it held assets of $207k against liabilities of $29k, net assets of $178k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.