Operation Changing Lives

Analysis

Operation Changing Lives is a registered charity in United States, based in Daytona Beach, FL. It received its IRS tax-exemption ruling in August 2024, 2 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 June 2024, Operation Changing Lives reported income of $61k and spending of $57k, spending 93% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $53k to $61k (+15%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Changing Lives sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Southeastern Wisconsin Deaf Senior Citizen ($61k), North Pacific County Food Bank ($61k) and Izzys Angels Inc ($61k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 75% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.