Change Agent Network Inc

Analysis

Change Agent Network Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Change Agent Network Inc reported income of $522k and spending of $522k, spending 100% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $331k to $522k (+58%), an average of +12% a year. The sharpest change came in the year to March 2023, when income rose by 40%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Change Agent Network Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Counseling Center at the Crossing Inc ($522k), Gilead House ($522k) and Nasi Project Inc ($522k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 4.1% and program service revenue 96% of the total. Other salaries and wages came to $32k. At year end it held assets of $1,111 against liabilities of $147k, net assets of -$146k. It reported 1 employees.