Change Course

Analysis

Change Course is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover employment, 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, Change Course reported income of $419k and spending of $466k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $215k to $419k (+95%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Change Course 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 67th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Alexandria Small Business Development Center ($419k), Choice to Change Inc ($419k) and Sales & Marketing Education Foundation Inc ($419k).

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 $72k (15% of expenses). Other salaries and wages came to $243k. At year end it held assets of $22k against liabilities of $37k, net assets of -$15k. It reported 6 employees.