Transformation Health Network

Analysis

Transformation Health Network is a registered charity in United States, based in Kailua Kona, HI. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Transformation Health Network reported income of $1.4m and spending of $1.9m, spending 141% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.4m (-29%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Transformation Health Network sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within HI. Charities of a similar size with the same main cause include Venice 2000 ($1.4m), Missouri Fam TR ($1.4m) and Space Coast Health Centers Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $121k (6.3% of expenses). Other salaries and wages came to $968k. At year end it held assets of $1.1m against liabilities of $876k, net assets of $195k. It reported 27 employees.