Cycles of Change

Analysis

Cycles of Change is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Cycles of Change reported income of $802k and spending of $835k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $458k to $802k (+75%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Cycles of Change sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Open Connections Inc ($802k), The National Organization of Concerned Black Men ($802k) and Bmore Empowered Inc ($802k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $583k. At year end it held assets of $701k against liabilities of $27k, net assets of $674k. It reported 31 employees.