Change Starts with Me

Analysis

Change Starts with Me is a registered charity in United States, based in Woodbury, MN. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Change Starts with Me reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.0m to $2.7m (+169%), an average of +169% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Change Starts with Me 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 88th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Frank Town Open Hearts Ministry Inc ($2.7m), Abilities Without Boundries Inc ($2.7m) and Black Hills Works Foundation Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. It paid $1.7m in professional fundraising fees. At year end it held assets of $386k against liabilities of $100, net assets of $386k.