A Chance to Change Foundation

Analysis

A Chance to Change Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 1981, 45 years ago. 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 June 2023, A Chance to Change Foundation reported income of $2.3m and spending of $2.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.3m (+20%), an average of +4.7% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Chance to Change Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include East Central Alabama United Cerebral Palsy ($2.3m), Shoresh Inc ($2.3m) and Faith Heritage School ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $150k (7.3% of expenses). Other salaries and wages came to $910k. At year end it held assets of $1.7m against liabilities of $556k, net assets of $1.2m. It reported 38 employees.