The Change Agency

Analysis

The Change Agency is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Change Agency reported income of $1.0m and spending of $672k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $205k to $1.0m (+391%), an average of +122% a year. The sharpest change came in the year to December 2022, when income rose by 652%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Change Agency sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include MC Dermott Will and Emery Charitable Foundation ($1.0m), Ms Breast Foundation ($1.0m) and United Way of Martin County Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $36k (5.3% of expenses). Other salaries and wages came to $100k. At year end it held assets of $936k against liabilities of $4,001, net assets of $932k.