Project Transformation National

Analysis

Project Transformation National is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Project Transformation National reported income of $465k and spending of $554k, spending 119% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $541k to $465k (-14%), an average of -3.7% a year. The sharpest change came in the year to August 2022, when income rose by 44%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Transformation National sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Upper Valley Trails Alliance Inc ($465k), Tucson Community School Inc ($465k) and Christian Outreach for Africa ($465k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $108k (20% of expenses). Other salaries and wages came to $173k. It paid $63k in professional fundraising fees. At year end it held assets of $346k against liabilities of $31k, net assets of $315k. It reported 3 employees.