Change the Ref Inc
Analysis
Change the Ref Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 February 2024, Change the Ref Inc reported income of $629k and spending of $561k, spending 89% of its income. Across the 6 years on record, from February 2019 to February 2024, income grew from $498k to $629k (+26%), an average of +4.8% a year. The sharpest change came in the year to February 2022, when income rose by 129%. Over the whole period it spent 87% of the income it received.
Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Change the Ref Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include New Hampshire Hunger Solutions Inc ($629k), Civil Rights Education and Enforcement Center ($629k) and Childrens Advocacy Programs of the Blue Ridge Inc ($629k).
On its Form 990 for the period ending February 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $168k (30% of expenses). At year end it held assets of $420k against liabilities of $7,826, net assets of $413k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Other 6.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Hampshire Hunger Solutions Inc | Concord | $629k |
| Civil Rights Education and Enforcement Center | Denver | $629k |
| Childrens Advocacy Programs of the Blue Ridge Inc | Rocky Mount | $629k |
| Montgomery County Renters Alliance | Silver Spring | $630k |