Transitions DMC Inc

Analysis

Transitions DMC Inc is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in March 2016, 10 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, Transitions DMC Inc reported income of $132k and spending of $160k, spending 121% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $199k to $132k (-34%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Transitions DMC Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within IA. Charities of a similar size with the same main cause include Freedom House Ministries FHM ($132k), Housing Services Inc ($132k) and Counterpoint Commons ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $90k. At year end it held assets of $396k against liabilities of $178k, net assets of $218k. It reported 17 employees.