Change 4 Love

Analysis

Change 4 Love is a registered charity in United States, based in Riverton, UT. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Change 4 Love reported income of $157k and spending of $362k, spending 231% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $447k to $157k (-65%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Change 4 Love sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within UT. Charities of a similar size with the same main cause include Cultural Awareness Corvette Weekend ($157k), Tibetan Association of Washington ($157k) and International Cryosphere Climate Initiative ($157k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $100k (28% of expenses). Other salaries and wages came to $119k. At year end it held assets of $376k against liabilities of $503k, net assets of -$127k. It reported 11 employees.