Changed 901

Analysis

Changed 901 is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Changed 901 reported income of $114k and spending of $157k, spending 138% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $136k to $114k (-16%), an average of -5.8% a year. The sharpest change came in the year to December 2021, when income rose by 221%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Changed 901 sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Special Liberty Project Inc ($114k), Angel House Services Inc ($114k) and Thrifty & Nifty Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $53k against liabilities of $0, net assets of $53k.