Transformations by Austin Angels

Analysis

Transformations by Austin Angels is a registered charity in United States, based in Jackson, NJ. 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 $215k and spending of $141k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $156k to $215k (+38%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 51% 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 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Lake Hills Soccer Club ($215k), American Waldensian Aid Society ($215k) and Rcap Solutions Financial Servicesinc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $36k (26% of expenses). Other salaries and wages came to $64k. At year end it held assets of $250k against liabilities of $0, net assets of $250k. It reported 9 employees.