Telecom for Change

Analysis

Telecom for Change is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, Telecom for Change reported income of $314k and spending of $333k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $90k to $314k (+249%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 368%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Telecom for Change sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Finao Inc ($314k), Nettelhorst Parent Teacher Organization ($314k) and Heart and Soul Charitable Fund Inc ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $185k against liabilities of $123k, net assets of $62k.