Transforming a Life

Analysis

Transforming a Life is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Transforming a Life reported income of $149k and spending of $117k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $181k to $149k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transforming a Life sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Lutheran Housing Services No 12 Incorporated ($149k), Smyrna Rotary Club Charitable Foundation ($149k) and Bronx Bethany Community Corporation ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.