Tranzformers Foundation Inc
Analysis
Tranzformers Foundation Inc is a registered charity in United States, based in Temple, GA. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Tranzformers Foundation Inc reported income of $60k and spending of $56k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $63k to $60k (-5.5%), an average of -5.5% a year. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tranzformers Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include Caring Hearts Helping Hands Inc ($60k), Orono-Old Town Kiwanis Charities ($60k) and Band of Blue Inc ($60k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,461 against liabilities of $0, net assets of $5,461.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Caring Hearts Helping Hands Inc | Camden | $60k |
| Orono-Old Town Kiwanis Charities | Orono | $60k |
| Band of Blue Inc | Pleasant PR | $60k |
| Wright Track | Omaha | $60k |