Catalyst for Change
Analysis
Catalyst for Change is a registered charity in United States, based in Big Timber, MT. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Catalyst for Change reported income of $760k and spending of $1.0m, spending 136% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $788k to $760k (-3.5%), an average of -1.8% a year. Over the whole period it spent 91% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Catalyst for Change sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within MT. Charities of a similar size with the same main cause include TBHC Medical Testing Services ($760k), Reelin for Research Inc ($760k) and Childrens Hope Inc ($760k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $172k (17% of expenses). Other salaries and wages came to $270k. At year end it held assets of $384k against liabilities of $172k, net assets of $212k. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 6.2%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| TBHC Medical Testing Services | Brooklyn | $760k |
| Reelin for Research Inc | Greensboro | $760k |
| Childrens Hope Inc | Fort Wayne | $760k |
| Rise Corp | Battle Creek | $760k |