Upward Transitions Inc

Analysis

Upward Transitions Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in January 1965, 61 years ago. 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 June 2023, Upward Transitions Inc reported income of $1.6m and spending of $1.3m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $816k to $1.6m (+95%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Upward Transitions Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include College Year in Athens Inc ($1.6m), Crossroads Sexual Assault Response & Resource Center Inc ($1.6m) and Child Health Investment Partnership ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $81k (6.2% of expenses). Other salaries and wages came to $368k. At year end it held assets of $2.1m against liabilities of $31k, net assets of $2.0m. It reported 18 employees.