Climbing for Change Inc

Analysis

Climbing for Change Inc is a registered charity in United States, based in Fayetteville, NC. 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, Climbing for Change Inc reported income of $103k and spending of $127k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $103k (-6.6%), an average of -6.6% a year. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Climbing for Change Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Omega Espresso Bar ($103k), Sad Bee Inc ($103k) and Friends of Blairsville Communities ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $159k against liabilities of $0, net assets of $159k.