Transformed by Grace Inc
Analysis
Transformed by Grace Inc is a registered charity in United States, based in Newtown, PA. It received its IRS tax-exemption ruling in September 2003, 23 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, Transformed by Grace Inc reported income of $182k and spending of $150k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $160k to $182k (+14%), an average of +14% a year. Over the whole period it spent 76% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Transformed by Grace Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include Creative Missions International Inc ($182k), Mark Drake Ministries Inc ($182k) and Winnie Haizel Ministries International Inc ($182k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. At year end it held assets of $202k against liabilities of $220, net assets of $202k.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Program services 60%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Creative Missions International Inc | Ovilla | $182k |
| Mark Drake Ministries Inc | Saint Louis | $182k |
| Winnie Haizel Ministries International Inc | Gaithersburg | $182k |
| Shadow of His Wings Christian Fellowship | Fischer | $182k |