Transformations by Austin Angels

Analysis

Transformations by Austin Angels is a registered charity in United States, based in Alpharetta, GA. 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 $1.0m and spending of $744k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $349k to $1.0m (+200%), an average of +73% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 69% 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 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Nutrition & Health Associates Inc ($1.0m), Coltrane L I F E Center Inc ($1.0m) and Habitat for Humanity International Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). Other salaries and wages came to $361k. At year end it held assets of $666k against liabilities of $20k, net assets of $646k. It reported 13 employees.