Center for Transformation &training

Analysis

Center for Transformation &training is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2007, 19 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, Center for Transformation &training reported income of $286k and spending of $217k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $350k to $286k (-18%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Center for Transformation &training sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Haitian Christian Foundation ($286k), Seed of Harvest Ministries Inc ($286k) and National Mission Training Network ($286k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $104k (48% of expenses). At year end it held assets of $314k against liabilities of $1,228, net assets of $313k. It reported 2 employees.