Transition to Freedom Inc

Analysis

Transition to Freedom Inc is a registered charity in United States, based in Gulf Breeze, FL. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Transition to Freedom Inc reported income of $98k and spending of $99k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $129k to $98k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transition to Freedom Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Zepf Housing Corporation One Inc ($98k), Mayors Charity Golf Tournament ($98k) and East Grand Forks Food Shelf ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,329 against liabilities of $0, net assets of $2,329.