Special Operators Transition Foundation Inc

Analysis

Special Operators Transition Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Special Operators Transition Foundation Inc reported income of $1.8m and spending of $1.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.8m (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Special Operators Transition Foundation Inc 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 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include National Council of Jewish Women Incorporated ($1.8m), Spark Academy of Advanced Technologies ($1.8m) and Nuhop Center for Experiential Learning ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $186k (10% of expenses). Other salaries and wages came to $645k. At year end it held assets of $2.1m against liabilities of $209k, net assets of $1.9m. It reported 8 employees.