Transitional Services Inc

Analysis

Transitional Services Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 2007, 19 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 June 2023, Transitional Services Inc reported income of $9.2m and spending of $8.2m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.7m to $9.2m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transitional Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Arizona Coalition to End Sexual and Domestic Violence ($9.2m), National Council of Urban Indian Health ($9.2m) and Memorial Home Inc ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $109k (1.3% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $12.8m against liabilities of $4.2m, net assets of $8.6m. It reported 109 employees.