Transition Academy

Analysis

Transition Academy is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Transition Academy reported income of $657k and spending of $634k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $478k to $657k (+37%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Transition Academy sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Educationquest Foundation Inc ($657k), J Warren & Lois McClure Foundation Inc ($657k) and Alzheimers Network of Oregon ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $368k. At year end it held assets of $384k against liabilities of $14k, net assets of $369k. It reported 6 employees.