Northern Transformation Corporation

Analysis

Northern Transformation Corporation is a registered charity in United States, based in West Branch, MI. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Northern Transformation Corporation reported income of $391k and spending of $372k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $339k to $391k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2022, when income rose by 224%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northern Transformation Corporation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include C Waldo Scott Center for H O P E Inc ($390k), Junior League of Little Rock Inc ($391k) and Long Beach Economic Partnership ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $419k against liabilities of $3,804, net assets of $415k.