Life Change Centers

Analysis

Life Change Centers is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Life Change Centers reported income of $301k and spending of $502k, spending 167% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $283k to $301k (+6.3%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 622%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life Change Centers sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Promotoras Y Promotores Foundation ($301k), Greater Gift Initiative Inc ($301k) and Ecu-Health Care Inc ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. Compensation of current officers, directors and key employees was $135k (27% of expenses). Other salaries and wages came to $95k. At year end it held assets of $239k against liabilities of $25k, net assets of $214k. It reported 15 employees.