Transitions Inc

Analysis

Transitions Inc is a registered charity in United States, based in S Zanesville, OH. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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, Transitions Inc reported income of $482k and spending of $365k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $351k to $482k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Transitions Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Sacramento District Dental Foundation ($482k), Foundation for Mental Health and Mental Retardation Permian Basin ($482k) and National Church Residences of ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (17% of expenses). Other salaries and wages came to $188k. At year end it held assets of $613k against liabilities of $1,875, net assets of $611k. It reported 7 employees.