Fund for Change

Analysis

Fund for Change is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in December 1997, 29 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fund for Change reported income of $279k and spending of $318k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $279k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 416%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fund for Change sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NM. Charities of a similar size with the same main cause include Great Expectations Foundation ($279k), Rotary Club of Foster City Foundation ($280k) and Friends of Montessori Foundation ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $171k (54% of expenses). Other salaries and wages came to $19k. At year end it held assets of $293k against liabilities of $50k, net assets of $243k. It reported 2 employees.