990 Scout/ Change Labs/ Financials

Financial Information for Change Labs

Change Labs's annual revenue was $2.8M in tax year 2024, reported on their IRS Form 990. They spent $1.2M in total expenses. 62% went to programs and services.

Financial Breakdown

What is Change Labs's total annual expenses?

Change Labs spent $1.2M in tax year 2024, according to their IRS Form 990 filing.

How much of Change Labs's budget goes to programs?

Change Labs spent $745K (62% of expenses) on programs and services in tax year 2024.

How much does Change Labs spend on overhead?

Change Labs's overhead in tax year 2024 includes administrative (35%) and fundraising (3%) of their expenses.

What is Change Labs's net worth?

Change Labs had net assets of $4.3M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.