Transitional Living Inc

Analysis

Transitional Living Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Transitional Living Inc reported income of $115k and spending of $219k, spending 190% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $195k to $115k (-41%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Transitional Living Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Hospitality in the Name of Christ ($115k), Sturgis Neighborhood Program ($115k) and Nlh6 ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10.0% and program service revenue 90% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.