Changing Peoples Lives Inc

Analysis

Changing Peoples Lives Inc is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in November 2003, 23 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 December 2023, Changing Peoples Lives Inc reported income of $1.3m and spending of $1.5m, spending 113% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $1.3m (+8.8%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Changing Peoples Lives Inc 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 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Hands of Hope Adoption & Orphan Care Ministry Inc ($1.3m), Western Pennsylvania Diaper Bank ($1.3m) and Veterans Relief Network Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $142k (9.7% of expenses). Other salaries and wages came to $309k. At year end it held assets of $983k against liabilities of $15k, net assets of $968k. It reported 10 employees.