Transitions at Home Inc

Analysis

Transitions at Home Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Transitions at Home Inc reported income of $5.2m and spending of $5.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $5.2m (+204%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Transitions at Home Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Anasazi Foundation Inc ($5.2m), Western Horizons Living Centers ($5.2m) and Atrio Home Health ($5.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $3.2m. At year end it held assets of $1.7m against liabilities of $2.5m, net assets of -$714k. It reported 137 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.