Transformation Today

Analysis

Transformation Today is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in April 2023, 3 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 Today reported income of $88k and spending of $85k, spending 96% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $67k to $88k (+32%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Transformation Today sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Least the Last the Lost Ministries Inc ($88k), McGowan International Ministries ($88k) and New Frontier Missions Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. At year end it held assets of $8,020 against liabilities of $5,350, net assets of $2,670.