Ward Transitional Services Inc

Analysis

Ward Transitional Services Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in November 2016, 10 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, Ward Transitional Services Inc reported income of $780k and spending of $726k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $351k to $780k (+122%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ward Transitional Services Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Warm Hearth Foundation Incorporated ($780k), Greenest ($781k) and Spirit 522 Inc ($780k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Other salaries and wages came to $561k. At year end it held assets of $104k against liabilities of $0, net assets of $104k.