Lever for Change

Analysis

Lever for Change is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2019, 7 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, Lever for Change reported income of $2.3m and spending of $8.5m, spending 361% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $26.6m to $2.3m (-91%), an average of -46% a year. The sharpest change came in the year to December 2021, when income rose by 586%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lever for Change sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include San Francisco Fire Fighters Local 798 Surviving Families Fund ($2.3m), Crown Point Community Foundation Inc ($2.3m) and The Tree of Life Foundation International Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 94% of the total. At year end it held assets of $8.9m against liabilities of $1.1m, net assets of $7.8m.