Iris Transitional Living Corporation

Analysis

Iris Transitional Living Corporation is a registered charity in United States, based in Alpharetta, GA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Iris Transitional Living Corporation reported income of $274k and spending of $270k, spending 98% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $124k to $274k (+122%), an average of +49% a year. The sharpest change came in the year to December 2022, when income rose by 106%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Iris Transitional Living Corporation 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 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Nebraska Management Information System ($274k), Zoecare Inc ($274k) and Men4choice Education ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. Other salaries and wages came to $37k. At year end it held assets of $18k against liabilities of $0, net assets of $18k. It reported 2 employees.