Transform Iran Inc

Analysis

Transform Iran Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in May 2011, 15 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, Transform Iran Inc reported income of $640k and spending of $441k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $362k to $640k (+77%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Transform Iran Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Lavang Association Inc ($640k), Marys Children Family Center of Michigan ($640k) and Miracle Missionary Baptist Church ($640k).

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 $65k (15% of expenses). Other salaries and wages came to $9,249. It paid $14k in professional fundraising fees. At year end it held assets of $349k against liabilities of $0, net assets of $349k. It reported 2 employees.