Build Change

Analysis

Build Change is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Build Change reported income of $4.7m and spending of $4.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.2m to $4.7m (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Build Change sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CO. Charities of a similar size with the same main cause include LF Charities Inc ($4.7m), Santa Barbara Symphony Orchestra Association ($4.7m) and Greater Miami Opera Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $665k (14% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $3.3m against liabilities of $660k, net assets of $2.6m. It reported 22 employees.