Transformation House
Analysis
Transformation House is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in May 2019, 7 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, Transformation House reported income of $339k and spending of $303k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $566k to $339k (-40%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 53% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transformation House sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Washington State Farmers Market Association ($339k), Houstons America for All ($339k) and Life Centers of Ventura County ($339k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $67k (22% of expenses). Other salaries and wages came to $48k. At year end it held assets of $985k against liabilities of $331k, net assets of $654k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Washington State Farmers Market Association | Seattle | $339k |
| Houstons America for All | Houston | $339k |
| Life Centers of Ventura County | Ventura | $339k |
| Orangeburg Housing Inc | Orangeburg | $339k |