Transition Services Inc

Analysis

Transition Services Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Transition Services Inc reported income of $4.1m and spending of $4.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.1m to $4.1m (-1.6%), an average of -0.4% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transition Services Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NV. Charities of a similar size with the same main cause include Masbia of Boro Park ($4.1m), Youth Investment Foundation ($4.1m) and Mountain Meadows Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $140k (3.2% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $4.6m against liabilities of $1.3m, net assets of $3.3m. It reported 420 employees.