Real Change is a member organization of the Washington Low Income Housing Alliance, Seattle Human Services Coalition, Seattle King County Coalition on Homelessness, and International Network of Street Newspapers.
The Real Change Homeless Empowerment Project is a 501(c)3 non-profit organization (EIN 91-1817387) and all donations are tax deductible to the full extent of the law.
To promote long-term sustainability, Real Change’s primary sources of income are our community supporters and our vendors. More than half of our $1.1 million budget comes from grassroots supporters who contribute to our fund drives and at special events such as our annual breakfast, which had 513 attendees this year. In 2014, Real Change was a leading organization in attracting support through Seattle Foundation’s GiveBIG campaign, placing 16th for number of donations and 27th for amount raised in a field of 1,471 area nonprofits.
Our next largest source of funding is the money we raise through sales of the paper, which represents about 35 percent of our budget. We anticipate that options for cashless sales of the paper and digital delivery and anticipated vendor growth will continue to grow our earned-income sources of support.
None of our support comes from government or major corporate sources. As a media and advocacy organization, our financial independence is critical to our uncompromised role as community truth-tellers and organizers.
The Real Change Board meets monthly and has a committee structure that includes Financial, Strategic Planning, Board Development, and Fundraising. Over 2013-2014, we grew the Board from 8 to 15 members by working with consultants to assess strengths and weaknesses, develop a competitive process for recruitment and evaluation of candidates, create an on-boarding process to integrate new members, and engage the entire board in ongoing training opportunities.
The consultants published a case study of this process for their Northwest Nonprofit Notes blog.
Annual Reports are available for download (pdf) here: