Charity for Change Inc

Analysis

Charity for Change Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Charity for Change Inc reported income of $520k and spending of $647k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $345k to $520k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charity for Change Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Greene Scholars ($520k), Earth & Sky Inc ($520k) and Thundercloud Subs Turkey Trot ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $90k (14% of expenses). Other salaries and wages came to $199k. At year end it held assets of $182k against liabilities of $153k, net assets of $29k. It reported 5 employees.