X Change Recovery
Analysis
X Change Recovery is a registered charity in United States, based in Battle Ground, WA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, X Change Recovery reported income of $1.7m and spending of $1.6m, spending 92% of its income. Across the 6 years on record, from December 2017 to December 2022, income grew from $197k to $1.7m (+783%), an average of +55% a year. The sharpest change came in the year to December 2020, when income rose by 220%. Over the whole period it spent 95% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, X Change Recovery sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WA. Charities of a similar size with the same main cause include Mennonite Housing Rehabilatation Services Inc ($1.7m), Bnai Brith Senior Citizens Housing of Fort Worth Support Corporation ($1.7m) and Pelham Corporation ($1.7m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 57% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $82k (5.2% of expenses). Other salaries and wages came to $339k. At year end it held assets of $324k against liabilities of $324k, net assets of $0. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Program services 43%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mennonite Housing Rehabilatation Services Inc | Wichita | $1.7m |
| Bnai Brith Senior Citizens Housing of Fort Worth Support Corporation | Fort Worth | $1.7m |
| Pelham Corporation | Braintree | $1.7m |
| Everglades Housing Trust Inc | Florida City | $1.7m |