Engineering Change Lab - USA

Analysis

Engineering Change Lab - USA is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Engineering Change Lab - USA reported income of $251k and spending of $239k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $251k (+115%), an average of +115% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Engineering Change Lab - USA sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within NE. Charities of a similar size with the same main cause include Arts Longview ($251k), Friends of Ecole Polytechnique Inc ($251k) and Make Your Mark Media Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $62k (26% of expenses). At year end it held assets of $79k against liabilities of $1,423, net assets of $77k. It reported 1 employees.