Transformations by Austin Angels

Analysis

Transformations by Austin Angels is a registered charity in United States, based in Bakersfield, CA. 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 $2.5m and spending of $748k, leaving 71% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $789k to $2.5m (+223%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 35% 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 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include His Branches Inc ($2.5m), Lifeline Center for Child Development ($2.5m) and Tucker Maxon School ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Compensation of current officers, directors and key employees was $69k (9.2% of expenses). Other salaries and wages came to $409k. At year end it held assets of $3.2m against liabilities of $4,703, net assets of $3.2m. It reported 10 employees.