Changing Lives Together Foundation Inc

Analysis

Changing Lives Together Foundation Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in February 2020, 6 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, Changing Lives Together Foundation Inc reported income of $297k and spending of $225k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $297k (+79%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Changing Lives Together Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Uplift Community Foundation ($297k), A New Beginning for You Inc ($297k) and Good News Community Kitchen ($297k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $13k. At year end it held assets of $203k against liabilities of $0, net assets of $203k. It reported 1 employees.