Transforming Education

Analysis

Transforming Education is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in April 2011, 15 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Transforming Education reported income of $112k and spending of $142k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $6,192 to $112k (+1711%), an average of +106% a year. The sharpest change came in the year to June 2022, when income rose by 104319%. Over the whole period it spent 286% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Transforming Education sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within MO. Charities of a similar size with the same main cause include Tailgate for Cancer ($112k), American Society of Civil Engineers ($112k) and Duquoin Boys Club Inc ($112k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Other salaries and wages came to $54k. At year end it held assets of $8,244 against liabilities of $4,998, net assets of $3,246. It reported 4 employees.