Yancy Life Transition Center

Analysis

Yancy Life Transition Center is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Yancy Life Transition Center reported income of $2.9m and spending of $2.5m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $989k to $2.9m (+197%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 206%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yancy Life Transition Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Stepping Stones Academy Inc ($2.9m), Hope Partnership for Education ($2.9m) and Championship Academy of Distinction at Hollywood Middle School Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.1m against liabilities of $37k, net assets of $1.1m.