Transformation 122

Analysis

Transformation 122 is a registered charity in United States, based in West Monroe, LA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Transformation 122 reported income of $607k and spending of $625k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $300k to $607k (+103%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transformation 122 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 73rd percentile, and in the 72nd percentile within LA. Charities of a similar size with the same main cause include Neighbors in Action Inc ($607k), Vital Solutions ($607k) and Wilf Transport Inc ($607k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 13% of the total. At year end it held assets of $54k against liabilities of $3,994, net assets of $50k.