Transformations by Austin Angels

Analysis

Transformations by Austin Angels is a registered charity in United States, based in Tuscaloosa, AL. 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 $149k and spending of $133k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $149k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 97% 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 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within AL. Charities of a similar size with the same main cause include Mentors for Youth of Dubois County Inc ($149k), World Darts Federation ($149k) and Society of Colonial Wars in the State of New Jersey ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 4.5% of the total. At year end it held assets of $117k against liabilities of $1,769, net assets of $115k.