Transformations by Austin Angels

Analysis

Transformations by Austin Angels is a registered charity in United States, based in Dallas, 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 $137k and spending of $176k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $137k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 110% 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 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Cherry Creek School Distric Parent Teacher Community Council Inc ($137k), Dillonvale Volunteer Fire Dept ($137k) and Northern Chautauqua County Youth Hockey Association Inc ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 2.9% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.