Our Change Foundation

Analysis

Our Change Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2022, 4 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 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, Our Change Foundation reported income of $2.8m and spending of $2.1m, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $100k to $2.8m (+2645%), an average of +424% a year. The sharpest change came in the year to December 2022, when income rose by 1675%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Our Change Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include League of California Community Foundations ($2.8m), Community Foundation of Fayette County Pennsylvania ($2.8m) and Salt Lake Education Foundation ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (0.8% of expenses). It paid $913k in professional fundraising fees. At year end it held assets of $835k against liabilities of $9,533, net assets of $825k.