Usatransform

Analysis

Usatransform is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Usatransform reported income of $11.1m and spending of $9.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $11.1m (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Usatransform sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Honeymoon Israel Foundation Inc ($11.0m), Minnie Slaughter Veal Memorial Fund ($11.2m) and Unfoldingword ($11.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $231k (2.4% of expenses). Other salaries and wages came to $972k. At year end it held assets of $7.7m against liabilities of $404k, net assets of $7.3m. It reported 17 employees.