Transformation Ministries Inc

Analysis

Transformation Ministries Inc is a registered charity in United States, based in Hermitage, TN. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Transformation Ministries Inc reported income of $86k and spending of $143k, spending 167% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $86k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 114% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Transformation Ministries Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include Barnabas Enrichment Ministries ($86k), Lamb of God Reformed Ministries ($86k) and The Jerusalem Fund Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.