Collective Change Lab Inc

Analysis

Collective Change Lab Inc is a registered charity in United States, based in Norwich, VT. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Collective Change Lab Inc reported income of $652k and spending of $1.1m, spending 162% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $750k to $652k (-13%), an average of -6.8% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 88% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Collective Change Lab Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within VT. Charities of a similar size with the same main cause include Illinois Disability Association ($651k), Adams County Childrens Advocacy Center ($652k) and Not Abandoned ($651k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $470k (45% of expenses). At year end it held assets of $287k against liabilities of $23k, net assets of $264k. It reported 2 employees.