Transform Capital

Analysis

Transform Capital is a registered charity in United States, based in Libertyville, IL. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Transform Capital reported income of $409k and spending of $30k, leaving 93% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $398k to $409k (+2.9%), an average of +1.4% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 5.4% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Transform Capital sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Community Improvement Corporation of Shelby Ohio ($409k), Progress Mo Education Fund ($409k) and Framing Our Community Inc ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. At year end it held assets of $1.6m against liabilities of $496k, net assets of $1.1m.