Transformation Life Center

Analysis

Transformation Life Center is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Transformation Life Center reported income of $332k and spending of $251k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $214k to $332k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 63% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Transformation Life Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Child Welfare Ombudsman ($332k), Santa Clara Diving Club ($332k) and Blessings in a Backpack Inc ($332k).

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 $78k (31% of expenses). Other salaries and wages came to $1,080. It paid $36k in professional fundraising fees. At year end it held assets of $203k against liabilities of $0, net assets of $203k. It reported 2 employees.