Transformation Network Incorporated

Analysis

Transformation Network Incorporated is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in May 2008, 18 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, Transformation Network Incorporated reported income of $271k and spending of $293k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $212k to $271k (+28%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Transformation Network Incorporated 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 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Citadel of Praise and Worship Inc ($271k), Davids Well Incorporated ($271k) and Global Sharing ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Other salaries and wages came to $1,667. At year end it held assets of $113k against liabilities of $0, net assets of $113k. It reported 1 employees.