Transition House Inc

Analysis

Transition House Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in March 1983, 43 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Transition House Inc reported income of $438k and spending of $435k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $374k to $438k (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Transition House Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Mille Lacs Area Health Foundation Inc ($438k), Donate Life Maryland ($438k) and Gestalt Association for Psychotherapy Inc ($438k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $67k (15% of expenses). Other salaries and wages came to $178k. At year end it held assets of $238k against liabilities of $145k, net assets of $92k. It reported 5 employees.