The Shaw Community Transformation Corporation

Analysis

The Shaw Community Transformation Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2015, 11 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, The Shaw Community Transformation Corporation reported income of $142k and spending of $173k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $142k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Shaw Community Transformation Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Tri-Coastal Community Outreach ($142k), Hope Beyond Bridges ($142k) and Waseca Area Senior Citizens Center Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $93k against liabilities of $32k, net assets of $61k.