Transformational Leadership Resources Inc

Analysis

Transformational Leadership Resources Inc is a registered charity in United States, based in Virginia BCH, VA. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Transformational Leadership Resources Inc reported income of $53k and spending of $63k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $79k to $53k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Transformational Leadership Resources Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include Mt Eustis Ski Hill ($53k), Skihawks Racing Team a Not for Profit Corporation ($53k) and Thomas C Konchalski Foundation Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. At year end it held assets of $11k against liabilities of $26k, net assets of -$14k.