Transformations by Austin Angels

Analysis

Transformations by Austin Angels is a registered charity in United States, based in Chicago, IL. 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 $108k and spending of $125k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $108k (+0.7%), an average of +0.7% a year. Over the whole period it spent 109% 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 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within IL. Charities of a similar size with the same main cause include Callerlab Foundation for the Pres & Promotion of Square Dancing ($108k), PTA Texas Congress ($108k) and Lodi Community Art Center ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 0.2% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.