True Transitions

Analysis

True Transitions is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in January 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, True Transitions reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.4m (+2.2%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, True Transitions sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Smiles for Life Foundation ($1.4m), NTFB - Perot Family Campus ($1.4m) and Sacred Harvest Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $451k (32% of expenses). Other salaries and wages came to $115k. At year end it held assets of $25k against liabilities of $0, net assets of $25k.