Transforming Leaders in Asia Ministries Inc

Analysis

Transforming Leaders in Asia Ministries Inc is a registered charity in United States, based in Vestavia, AL. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Transforming Leaders in Asia Ministries Inc reported income of $265k and spending of $249k, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $99k to $265k (+168%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 128%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Transforming Leaders in Asia Ministries Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within AL. Charities of a similar size with the same main cause include Carolina Catholic Athletic Association Inc ($265k), Crossroads 4 Christ Inc ($265k) and Climb Haier International Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.