Transitional Resources

Analysis

Transitional Resources is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1976, 50 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Transitional Resources reported income of $5.4m and spending of $5.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.4m (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Transitional Resources sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Parkside Home ($5.4m), Dance Safe Inc ($5.4m) and Haven House Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $183k (3.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $10.5m against liabilities of $5.7m, net assets of $4.8m. It reported 65 employees.