Change Reaction

Analysis

Change Reaction is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in November 2019, 7 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, Change Reaction reported income of $2.4m and spending of $3.7m, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $2.4m (+802%), an average of +73% a year. The sharpest change came in the year to December 2020, when income rose by 618%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Change Reaction sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include The Center for Children and Young Adults Inc ($2.4m), Brookview House Inc ($2.4m) and Newstory Center Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $261k (7.1% of expenses). Other salaries and wages came to $717k. At year end it held assets of $115k against liabilities of $6,687, net assets of $108k. It reported 8 employees.