Church Transformation Network Inc

Analysis

Church Transformation Network Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in February 2020, 6 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, Church Transformation Network Inc reported income of $610k and spending of $531k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $472k to $610k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Church Transformation Network Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Minnesota Coalition for Eastern Europe ($610k), In Better Hands Inc ($610k) and Cabo English Church Inc ($609k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $34k (6.5% of expenses). It paid $2,500 in professional fundraising fees. At year end it held assets of $186k against liabilities of $0, net assets of $186k.