Changing Perspectives Inc

Analysis

Changing Perspectives Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Changing Perspectives Inc reported income of $748k and spending of $674k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $219k to $748k (+241%), an average of +36% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Changing Perspectives Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within VT. Charities of a similar size with the same main cause include Fourth Street Daycare Center Inc ($748k), Journey House Inc ($749k) and Matan Inc ($748k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $128k (19% of expenses). At year end it held assets of $355k against liabilities of $21k, net assets of $333k.