CheckMyDonation

The Exchange

RegisteredEIN 27-0987719Longmont, COReligion
Income$259k2023-12
Spending$219ksame year
Spent / received87%5-year average
Size in its cause71st pctReligion
Exempt since2010Publicly supported organisat
Employees4latest return

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

$0$67k$133k$200k$267k2019 Income: $251,5952019 Spending: $220,13820192020 Income: $216,6522020 Spending: $224,91520202021 Income: $266,6132021 Spending: $210,79420212022 Income: $253,1292022 Spending: $216,17120222023 Income: $259,1272023 Spending: $218,5132023
IncomeSpending

Where the income comes from

  • Contributions & grants 84%
  • Program services 12%
  • Other 4.4%

Similar-sized charities, same cause

CharityLocationIncome
Carlo Fabbrini MinistriesBuckley$259k
Whitefield ProjectSouthlake$259k
El-ImanHouston$259k
Caring for the Heart MinistriesColorado Springs$259k