CDS Life Transitions Inc

Analysis

CDS Life Transitions Inc is a registered charity in United States, based in Webster, NY. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, CDS Life Transitions Inc reported income of $48.7m and spending of $44.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.4m to $48.7m (+367%), an average of +47% a year. The sharpest change came in the year to December 2020, when income rose by 219%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, CDS Life Transitions Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include The Riverwoods Company at Exeter New Hampshire ($48.6m), Carolina Meadows Inc ($48.7m) and Buckner Foundation ($48.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.2m (2.7% of expenses). Other salaries and wages came to $28.8m. At year end it held assets of $30.8m against liabilities of $5.9m, net assets of $25.0m. It reported 537 employees.