Center for Change

Analysis

Center for Change is a registered charity in United States, based in Altamonte Springs, FL. It received its IRS tax-exemption ruling in February 2006, 20 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, Center for Change reported income of $776k and spending of $693k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $260k to $776k (+199%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Change sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Mustard Seed Ranch Inc ($776k), Bridge Academy and Community Center Inc ($776k) and Village Ltd ($776k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (8.8% of expenses). Other salaries and wages came to $293k. At year end it held assets of $183k against liabilities of $51k, net assets of $132k. It reported 13 employees.