Center of Transformation Church Inc
Analysis
Center of Transformation Church Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Center of Transformation Church Inc reported income of $74k and spending of $75k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $74k (-9.1%), an average of -9.1% a year. Over the whole period it spent 103% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Center of Transformation Church Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Victorious Living Ministries International Inc ($74k), Myayzinn Tawya Meditation Center MTMC Inc ($74k) and Force 4 Hope ($74k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $1,191, net assets of -$1,191.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Victorious Living Ministries International Inc | New Brighton | $74k |
| Myayzinn Tawya Meditation Center MTMC Inc | Corona | $74k |
| Force 4 Hope | Vermontville | $74k |
| Word From God Inc | Bradenton | $74k |