Change the Air Foundation Inc

Analysis

Change the Air Foundation Inc is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Change the Air Foundation Inc reported income of $319k and spending of $177k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $319k (+242%), an average of +242% a year. The sharpest change came in the year to December 2023, when income rose by 242%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Change the Air Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include The Arc of Texas ($319k), Korean American School of Atlanta ($319k) and Guadalupe Family Services Inc ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $3,300. At year end it held assets of $234k against liabilities of $65k, net assets of $169k. It reported 1 employees.