Transformations by Austin Angels

Analysis

Transformations by Austin Angels is a registered charity in United States, based in Westlake, OH. 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 $409k and spending of $431k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $278k to $409k (+47%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 92% 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 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Lebanon County Historical Society ($409k), US Adaptive Golf Association ($409k) and Amys Angels Corporation ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $58k (13% of expenses). Other salaries and wages came to $220k. At year end it held assets of $164k against liabilities of $612, net assets of $163k. It reported 10 employees.