Beauty Changes Lives

Analysis

Beauty Changes Lives is a registered charity in United States, based in Poway, CA. It received its IRS tax-exemption ruling in July 2012, 14 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 March 2023, Beauty Changes Lives reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.2m to $1.2m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to March 2023, when income rose by 81%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beauty Changes Lives sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Collective Learning Academy Inc ($1.2m), Dignity Best Practices ($1.2m) and Uf Historic St Augustine Inc ($1.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $99k (8.9% of expenses). Other salaries and wages came to $119k. At year end it held assets of $817k against liabilities of $285k, net assets of $532k. It reported 3 employees.