Changelab Solutions

Analysis

Changelab Solutions is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Changelab Solutions reported income of $12.4m and spending of $10.8m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.7m to $12.4m (-2.4%), an average of -0.6% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Changelab Solutions sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Aging Disability & Transit Services of Rockingham County ($12.4m), Bethany Home Association of Lindsborg Kansas ($12.4m) and Rainbow Hospice Care Inc ($12.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $449k (4.2% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $17.3m against liabilities of $1.7m, net assets of $15.6m. It reported 73 employees.