Transformational Opportunities Inc

Analysis

Transformational Opportunities Inc is a registered charity in United States, based in Prescott Vly, AZ. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Transformational Opportunities Inc reported income of $283k and spending of $335k, spending 119% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $219k to $283k (+29%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Transformational Opportunities Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within AZ. Charities of a similar size with the same main cause include Matthew and Karen Cullen Family Foundation ($283k), Indianapolis Hebrew Cong Foundation Inc ($283k) and Headington Institute Foundation ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $151k (45% of expenses). Other salaries and wages came to $20k. At year end it held assets of $76k against liabilities of $13k, net assets of $62k. It reported 3 employees.