Transfiguration Housing Inc

Analysis

Transfiguration Housing Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Transfiguration Housing Inc reported income of $591k and spending of $802k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $486k to $591k (+22%), an average of +5.0% a year. Over the whole period it spent 134% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Transfiguration Housing Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Community Cancer Research Foundation Inc ($591k), Revisions Consulting Group Inc ($591k) and Hillel the Foundation for Jewish Campus Life ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $99k. At year end it held assets of $8.3m against liabilities of $44k, net assets of $8.3m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.