Simple Changes Inc

Analysis

Simple Changes Inc is a registered charity in United States, based in Mason Neck, VA. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Simple Changes Inc reported income of $483k and spending of $500k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $483k (+143%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 140%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Simple Changes Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include The Youth and Family Project Inc ($483k), Trinity Village Center ($483k) and Ashland County Aging Unit Inc ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. Other salaries and wages came to $238k. At year end it held assets of $209k against liabilities of $91k, net assets of $118k. It reported 7 employees.