Appetite for Change Inc

Analysis

Appetite for Change Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2011, 15 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, Appetite for Change Inc reported income of $2.3m and spending of $4.3m, spending 189% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $2.3m (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Appetite for Change Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MN. Charities of a similar size with the same main cause include Christian Services Inc ($2.3m), Classical Tahoe ($2.3m) and Our Spot KC ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $114k (2.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.2m against liabilities of $449k, net assets of $1.7m. It reported 82 employees.