Center for Community Change

Analysis

Center for Community Change is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1968, 58 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Center for Community Change reported income of $26.3m and spending of $33.5m, spending 127% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $16.6m to $26.3m (+58%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 229%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Center for Community Change sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 95th percentile within DC. Charities of a similar size with the same main cause include Raza Development Fund Inc ($26.3m), Los Angeles Cleantech Incubator ($26.3m) and Southern Oregon Goodwill Industries ($26.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $1.4m (4.1% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $25.7m against liabilities of $2.1m, net assets of $23.6m. It reported 137 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.