Transformational Living Ministries Inc

Analysis

Transformational Living Ministries Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in March 2020, 6 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 December 2023, Transformational Living Ministries Inc reported income of $162k and spending of $216k, spending 134% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $187k to $162k (-14%), an average of -7.0% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transformational Living Ministries Inc 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 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include King Kids Minnesota Inc ($162k), Bolivar County Literacy Council Inc ($162k) and Islamic Center of New Rochelle ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Other salaries and wages came to $46k. At year end it held assets of $30k against liabilities of $1,651, net assets of $29k. It reported 6 employees.