Personal Transformation and Courage Institute Inc

Analysis

Personal Transformation and Courage Institute Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in February 2001, 25 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 2023, Personal Transformation and Courage Institute Inc reported income of $78k and spending of $77k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $78k (+455%), an average of +455% a year. The sharpest change came in the year to December 2023, when income rose by 455%. Over the whole period it spent 190% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Personal Transformation and Courage Institute Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within VA. Charities of a similar size with the same main cause include New Hope for Adopted International Kids Inc ($78k), Police and Fire the Fallen Heroes ($78k) and Chino Valley Food Bank ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 72% of the total. At year end it held assets of $80k against liabilities of $1,289, net assets of $79k.