Transcending Incrementalism

Analysis

Transcending Incrementalism is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Transcending Incrementalism reported income of $130k and spending of $160k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $130k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Transcending Incrementalism sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 23rd percentile within DC. Charities of a similar size with the same main cause include New Market Discovery Foundation Inc ($130k), Friends of the Library of Carlsbad California ($130k) and Sonshine Ministries Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $4,865 against liabilities of $0, net assets of $4,865.