Center for Participatory Change Inc

Analysis

Center for Participatory Change Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in July 1999, 27 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 December 2023, Center for Participatory Change Inc reported income of $185k and spending of $446k, spending 241% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $285k to $185k (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 47%. Over the whole period it spent 109% 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 Participatory Change Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Ashe County Job Development Inc ($185k), Brilliance Labs ($185k) and Friends of Coal Ladies Auxiliiary ($185k).

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 $116k (26% of expenses). Other salaries and wages came to $105k. It paid $12k in professional fundraising fees. At year end it held assets of $214k against liabilities of $13k, net assets of $200k. It reported 5 employees.