New Foundations Transitional Living

Analysis

New Foundations Transitional Living is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 2026. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2020, New Foundations Transitional Living reported income of $1.0m and spending of $980k, spending 96% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $752k to $1.0m (+36%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, New Foundations Transitional Living sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Serenity Suites Senior Living at Wabasso ($1.0m), Las Palmas Housing and Developement Corporation ($1.0m) and Shields Housing Corporation ($1.0m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $75k (7.7% of expenses). Other salaries and wages came to $111k. At year end it held assets of $312k against liabilities of $313k, net assets of -$1,010. It reported 18 employees.