Transformational Living Homes Incorporated

Analysis

Transformational Living Homes Incorporated is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Transformational Living Homes Incorporated reported income of $2.1m and spending of $2.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $618k to $2.1m (+241%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Transformational Living Homes 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 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Childrens Hospital Neonatal Consortium Inc ($2.1m), Christus Childrens Endowment Fund ($2.1m) and Whitemarsh House Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Other salaries and wages came to $383k. At year end it held assets of $515k against liabilities of $322k, net assets of $193k. It reported 9 employees.