Change Is Possible Inc

Analysis

Change Is Possible Inc is a registered charity in United States, based in Erwin, TN. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover unknown, 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 June 2023, Change Is Possible Inc reported income of $676k and spending of $522k, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $383k to $676k (+76%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Change Is Possible Inc 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 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Kansas Farm Management Association S C ($676k), Aba Agc Education Fund ($676k) and Womens American Ort Foundation ($676k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $347k. At year end it held assets of $577k against liabilities of $0, net assets of $577k. It reported 18 employees.