Training for Change Inc

Analysis

Training for Change Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 June 2023, Training for Change Inc reported income of $376k and spending of $502k, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $520k to $376k (-28%), an average of -7.8% a year. The sharpest change came in the year to June 2023, when income dropped by 55%. Over the whole period it spent 87% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Training for Change Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Agape House ($376k), Second Growth Inc ($376k) and Battlefield Lodge Charitable Foundation ($376k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $96k (19% of expenses). Other salaries and wages came to $157k. At year end it held assets of $692k against liabilities of $38k, net assets of $655k. It reported 5 employees.