Colleges That Change Lives Inc

Analysis

Colleges That Change Lives Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Colleges That Change Lives Inc reported income of $711k and spending of $745k, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $708k to $711k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to September 2022, when income rose by 415%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Colleges That Change Lives Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Hillels of Illinois Endowment Foundation ($711k), Mount Zion Christian Academy Inc ($711k) and El Paso Country Day School Inc ($710k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.