Change 1 Mind Change 1 Life
Analysis
Change 1 Mind Change 1 Life is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2017, 9 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 1 Mind Change 1 Life reported income of $150k and spending of $94k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $277k to $150k (-46%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 81% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Change 1 Mind Change 1 Life sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Sos Sahel USA Inc ($150k), Hugs Project Incorporated ($150k) and Adoption Makes Family Inc ($150k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.3% of the total. At year end it held assets of $111k against liabilities of $319, net assets of $111k.
Income and spending
Where the income comes from
- Contributions & grants 92%
- Program services 8.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sos Sahel USA Inc | Miami Beach | $150k |
| Hugs Project Incorporated | Oklahoma City | $150k |
| Adoption Makes Family Inc | Cockeysville | $150k |
| The Unforgotten | Ellicott City | $150k |