Degrees of Change

Analysis

Degrees of Change is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Degrees of Change reported income of $2.2m and spending of $2.3m, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $4.6m to $2.2m (-52%), an average of -17% a year. The sharpest change came in the year to June 2022, when income dropped by 45%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Degrees of Change sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Midnimo Cross Cultural Middle School ($2.2m), Beth Jacob High School ($2.2m) and Legacy Preparatory Academy Inc ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $288k (12% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.3m against liabilities of $255k, net assets of $1.0m. It reported 36 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.