Making the Change Foundation Incorporated

Analysis

Making the Change Foundation Incorporated is a registered charity in United States, based in South Euclid, OH. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Making the Change Foundation Incorporated reported income of $53k and spending of $91k, spending 171% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $53k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Making the Change Foundation Incorporated sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include PTA Texas Congress ($53k), Oklahoma Northwest Area Vocational Technical Educational Foundation I ($53k) and Mat Foundation ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $18k against liabilities of $29k, net assets of -$11k.