Enormous Changes Inc

Analysis

Enormous Changes Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Enormous Changes Inc reported income of $4.1m and spending of $3.9m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.3m to $4.1m (+24%), an average of +5.4% a year. The sharpest change came in the year to August 2021, when income rose by 21%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Enormous Changes Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Meher Schools ($4.1m), Nonprofit New School of Northern Virginia Inc ($4.1m) and Global Academy Inc ($4.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $180k (4.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $15.3m against liabilities of $2.9m, net assets of $12.4m. It reported 48 employees.