Lasting Change Inc

Analysis

Lasting Change Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in May 1968, 58 years ago. Its declared purposes cover crime and legal-related, 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 December 2023, Lasting Change Inc reported income of $25.3m and spending of $23.2m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.4m to $25.3m (+294%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 98% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Lasting Change Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Legal Aid Chicago ($25.2m), Connecticut Coalition Against Domestic Violence ($25.9m) and Georgia Legal Services Program Inc ($25.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $772k (3.3% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $41.5m against liabilities of $29.7m, net assets of $11.8m. It reported 269 employees.