Progressive Change Institute

Analysis

Progressive Change Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Progressive Change Institute reported income of $716k and spending of $773k, spending 108% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $398k to $716k (+80%), an average of +12% a year. The sharpest change came in the year to December 2019, when income rose by 171%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Progressive Change Institute sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 49th percentile within DC. Charities of a similar size with the same main cause include Eastern North Carolina Food Commercialization Center ($716k), Christlife Inc ($716k) and Schools of Banking ($716k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $266k (34% of expenses). Other salaries and wages came to $336k. At year end it held assets of $918k against liabilities of $0, net assets of $918k.