Change a Life Foundation

Analysis

Change a Life Foundation is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in January 2004, 22 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 December 2023, Change a Life Foundation reported income of $70k and spending of $111k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $16k to $70k (+347%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 334%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Change a Life Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Engncntr Ltd ($70k), Sherman Academy ($70k) and Wyoming Free Circulating Library Association ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.