The Exchange
Analysis
The Exchange is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Exchange reported income of $259k and spending of $219k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $259k (+3.0%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 87% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, The Exchange 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 59th percentile, and in the 56th percentile within CO. Charities of a similar size with the same main cause include Carlo Fabbrini Ministries ($259k), Whitefield Project ($259k) and El-Iman ($259k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $120k (55% of expenses). Other salaries and wages came to $18k. At year end it held assets of $381k against liabilities of $7,430, net assets of $374k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Program services 12%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Carlo Fabbrini Ministries | Buckley | $259k |
| Whitefield Project | Southlake | $259k |
| El-Iman | Houston | $259k |
| Caring for the Heart Ministries | Colorado Springs | $259k |