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Transformed by Grace Inc

RegisteredEIN 41-2083092Newtown, PAReligion
Income$182k2023-12
Spending$150ksame year
Spent / received76%2-year average
Size in its cause62nd pctReligion
Exempt since2003Publicly supported organisat
Employees–latest return

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

$0$46k$91k$137k$182k2022 Income: $160,1742022 Spending: $110,01520222023 Income: $182,1962023 Spending: $149,6132023
IncomeSpending

Where the income comes from

  • Contributions & grants 38%
  • Program services 60%
  • Other 1.7%

Similar-sized charities, same cause

CharityLocationIncome
Creative Missions International IncOvilla$182k
Mark Drake Ministries IncSaint Louis$182k
Winnie Haizel Ministries International IncGaithersburg$182k
Shadow of His Wings Christian FellowshipFischer$182k