Transformations by Austin Angels

Analysis

Transformations by Austin Angels is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in December 2011, 15 years ago. 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, Transformations by Austin Angels reported income of $474k and spending of $384k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $205k to $474k (+132%), an average of +52% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Transformations by Austin Angels sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Huntingdon Community Center ($474k), Brownsburg Village Inc ($474k) and James P Wilmot Foundation Inc ($474k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 0.6% of the total. Other salaries and wages came to $175k. At year end it held assets of $317k against liabilities of $3,444, net assets of $313k. It reported 8 employees.