Transitional Housing Inc

Analysis

Transitional Housing Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Transitional Housing Inc reported income of $256k and spending of $221k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $261k to $256k (-2.0%), an average of -0.5% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transitional Housing Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Scituate Community Christmas Inc ($256k), Fertile Groundworks ($256k) and Family Promise of Metro East ($256k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $15k. At year end it held assets of $548k against liabilities of $406k, net assets of $141k.