Changa Labs

Analysis

Changa Labs is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Changa Labs reported income of $307k and spending of $270k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $307k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2020, when income rose by 107%. Over the whole period it spent 93% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Changa Labs sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Haiti Alive Inc ($307k), Joseph E Lowery Institute for Justice and Human Rights Inc ($308k) and Kids Play International Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of -$23k, net assets of $80k.