Transformation Living Center Inc
Analysis
Transformation Living Center Inc is a registered charity in United States, based in Fairview, OK. It received its IRS tax-exemption ruling in August 2014, 12 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, Transformation Living Center Inc reported income of $214k and spending of $206k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $278k to $214k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 104% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Transformation Living Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within OK. Charities of a similar size with the same main cause include Alodawpyie Bodhi Sukha Dhamma Meditation Monastery California ($214k), Maimonides Way ($214k) and Cliff & Norma Wells Foundation ($214k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 5.3% of the total. Other salaries and wages came to $75k. At year end it held assets of $394k against liabilities of $712, net assets of $393k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 5.3%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alodawpyie Bodhi Sukha Dhamma Meditation Monastery California | Newark | $214k |
| Maimonides Way | Brooklyn | $214k |
| Cliff & Norma Wells Foundation | Buchanan | $214k |
| Dundalk Muslim Association Inc | Dundalk | $214k |