Transformed for Life Uganda

Analysis

Transformed for Life Uganda is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 May 2024, Transformed for Life Uganda reported income of $1.2m and spending of $716k, leaving 40% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $326k to $1.2m (+266%), an average of +38% a year. The sharpest change came in the year to May 2022, when income rose by 82%. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Transformed for Life Uganda sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Junior Achievement of Central Iowa Inc ($1.2m), Rene Moawad Foundation ($1.2m) and Windward Islands Research and Education Foundation Inc ($1.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (11% of expenses). At year end it held assets of $621k against liabilities of $1,907, net assets of $619k. It reported 1 employees.