Transitional Food and Shelter Inc

Analysis

Transitional Food and Shelter Inc is a registered charity in United States, based in Atascadero, CA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Transitional Food and Shelter Inc reported income of $83k and spending of $53k, leaving 36% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $307k to $83k (-73%), an average of -73% a year. The sharpest change came in the year to June 2023, when income dropped by 73%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Transitional Food and Shelter Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Maria Hill Foundation Inc ($83k), Tip Your Heart Foundation ($83k) and Jr Memorial Cruise for a Cure ($83k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.