Succor Transitional Program

Analysis

Succor Transitional Program is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 2016, 10 years ago. 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, Succor Transitional Program reported income of $230k and spending of $245k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $263k to $230k (-13%), an average of -13% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Succor Transitional Program sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MD. Charities of a similar size with the same main cause include Storm the Heavens Fund ($230k), Foundation of the Natl Assoc of Collegiate Directors of Athletics ($230k) and Afar a Future After Rehab ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $95k against liabilities of $9,324, net assets of $86k.