Time for Change in Action Inc

Analysis

Time for Change in Action Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Time for Change in Action Inc reported income of $259k and spending of $260k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $233k to $259k (+11%), an average of +11% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Time for Change in Action Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Senior Volunteer Services ($259k), Young Womens Christian Association of Butler Pennsylvania ($259k) and Northern Michigan Equine Therapy ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $82k (32% of expenses). At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 1 employees.