Spare Change News

Spare Change News (SCN) is a street newspaper founded in 1992 in Boston, Massachusetts for the Greater Boston Area and published out of the editorial offices in Cambridge, Massachusetts through the efforts of the Homeless Empowerment Project (HEP), a grassroots organization created to help end homelessness.

The Homeless Empowerment Project is a 501(c)(3) not-for-profit corporation registered in the Commonwealth of Massachusetts, with an annual budget in 2012 of $130,000 and six staff members, all part-time.

The newspaper offices are headquartered in the Old Cambridge Baptist Church.

Since the founding of Spare Change News, the price of the newspaper has varied. Originally it was sold for $1 and the vendor paid 25 cents for a copy making a profit of 75 cents on each paper sold. As of September 2016, a vendor pays 50 cents for each copy of the paper, then sells it on the streets for $2. As a result, the vendor makes a $1.50 profit for each newspaper sold.

There are approximately 100 active vendors in the greater Boston area at any one time.

Circulation is roughly 10,000 per issue. HEP/SCN rely on grants and donations to publish the newspaper, but the organization works to increase its advertising revenue to become self-sufficient.

The paper was started in Boston in 1992 and was the brainchild of Tim Hobson, who enlisted the aid of twelve other homeless people and one housed advocate, Timothy Harris, who was a member and executive director of Boston Jobs with Peace. In 1994, Harris would go on to use the model of Spare Change News and the Homeless Empowerment Project to found Real Change, a street newspaper in Seattle.

The first issue of Spare Change News was published on Friday, May 8, 1992.