Transforming Truth Inc
Analysis
Transforming Truth Inc is a registered charity in United States, based in Dawsonville, GA. It received its IRS tax-exemption ruling in March 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, Transforming Truth Inc reported income of $195k and spending of $193k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $196k to $195k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 93% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Transforming Truth Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within GA. Charities of a similar size with the same main cause include Unhurried Living Inc ($195k), San Ramon Valley Education Foundation ($196k) and Sowgoodfoundation Inc ($195k).
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 $38k (20% of expenses). Other salaries and wages came to $37k. At year end it held assets of $317k against liabilities of $1,600, net assets of $315k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Unhurried Living Inc | Lake Forest | $195k |
| San Ramon Valley Education Foundation | San Ramon | $196k |
| Sowgoodfoundation Inc | Mableton | $195k |
| Charleston Presbyterian Church | Charleston | $196k |