Thomas W Changaris Foundation is a 501(c)(3) organization based in Del Mar, California, registered in 1999, with $100,082 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$100K
▲ 52.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$108K
Net assets
$196K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Thomas W Changaris Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Thomas W Changaris Foundation: 22 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Thomas W Changaris Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Thomas W Changaris Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $8,344 (FY2013) to $100K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-8.0%
Spent more than it raised in the latest fiscal year.
Total assets
$196K
Total liabilities
$0
Net assets
$196K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $100,082▲52.4% | $108,131▲74.1% | $195,651▼4.0% | $195,651▼4.0% | 990PF |
| 2023 | $65,678▲27.4% | $62,119▼32.3% | $203,700▲1.8% | $203,700▲1.8% | 990PF |
| 2022 | $51,553▼47.6% | $91,745▲121% | $200,141▼16.7% | $200,141▼16.7% | 990PF |
| 2021 | $98,361▲167% | $41,530▼14.9% | $240,333▲30.7% | $240,333▲30.7% | 990PF |
| 2020 | $36,827▲903% | $48,823▲3208% | $183,819▼6.1% | $183,819▼6.1% | 990PF |
| 2019 | $3,671▼41.8% | $1,476▲0.8% | $195,815▲1.1% | $195,815▲1.1% | 990PF |
| 2018 | $6,303▼83.9% | $1,465▼88.1% | $193,620▲2.6% | $193,620▲2.6% | 990PF |
| 2017 | $39,237▲1192% | $12,332▲104% | $188,782▲16.6% | $188,782▲16.6% | 990PF |
| 2016 | $3,036▼94.7% | $6,042▼89.8% | $161,877▼1.8% | $161,877▼1.8% | 990PF |
| 2015 | $57,430▲188% | $59,107▲2197% | $164,883▼0.7% | $164,883▼0.7% | 990PF |
| 2014 | $19,909▲139% | $2,573▼92.4% | $166,029▲12.0% | $166,029▲12.0% | 990PF |
| 2013 | $8,344 | $33,811▼14.3% | $148,301▼15.1% | $148,301▼15.1% | 990PF |
| 2012 | — | $39,455▲19.5% | $174,761▲1.3% | $174,761▲1.3% | 990PF |
| 2011 | — | $33,006▼67.5% | $172,520▼13.9% | $172,520▼13.9% | 990PF |
| 2010 | — | $101,436 | $200,410 | $200,410 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Thomas W Changaris Foundation (EIN 68-0440702) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.