Education for Change

Analysis

Education for Change is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Education for Change reported income of $56.1m and spending of $53.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $41.0m to $56.1m (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education for Change sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Rye Country Day School ($56.1m), Empower Illinois ($56.1m) and Associated Students UCLA ($56.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $504k (0.9% of expenses). Other salaries and wages came to $28.1m. At year end it held assets of $73.5m against liabilities of $43.9m, net assets of $29.6m. It reported 596 employees.