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Massachusetts · Nonprofit

TRANSHEALTH INC

TRANSHEALTH INC (Massachusetts) receives grants from 15 organizations whose IRS filings report $4,714,443 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($3,472,000). 6 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$6.9M
Funders on record
15
Grants received
$4.7M
Net assets
$790k
6/15 repeat funderspeak grant-dependency 100%
01What it does

What Transhealth Inc does

Mission

Transhealth is an independent and comprehensive healthcare center that supports and empowers trans and gender-diverse individuals and families. Throughout our history as a community, trans and gender-diverse people have looked to each other for healing, support, and affirmation. Transhealth honors that by serving as a source of hope and showing what good gender-affirming healthcare looks like.

As stated on its FY2024 Form 990.

Program

  1. Providing healthcare that supports and empowers trans and gender-diverse individuals and families.

    $4,039,800 spent$6,863,059 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,039,800.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($750k) Expenses 0 ($0) Net assets 100 ($750k)2021 Revenue 587 ($4.4M) Expenses 100 ($2.3M) Net assets 285 ($2.1M)2022 Revenue 428 ($3.2M) Expenses 151 ($3.4M) Net assets 259 ($1.9M)2023 Revenue 843 ($6.3M) Expenses 302 ($6.8M) Net assets 191 ($1.4M)2024 Revenue 916 ($6.9M) Expenses 332 ($7.5M) Net assets 105 ($790k)
20202021202220232024
Revenue (916)Expenses (332)Net assets (105)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $750k to $2.3M (+209%).

$750k
$2.3M
$2.6M
$2.3M
$2.0M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 2% · 2023 3%. Grants only. Government contracts and fees sit inside program revenue.

71% of TRANSHEALTH INC’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$750k
’20
$2.1M
’21
−$197k
’22
−$508k
’23
−$644k
’24
1.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Joan Erwin

CEO

Board chair

Perry Cohen

Board chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

20202021202220232024
Listed69101214
Joined·+4+2+4+3
No longer listed·1121
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 8 funders, grant income fell $750k → $110k.

6 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 78% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TRANSHEALTH INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TRANSHEALTH INC leans on a few funders — its largest provides 74% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

79% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TRANSHEALTH INC.

74%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2022 100% · 2023 29% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

78% of TRANSHEALTH INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.1M that is directly attributable, 84% of it comes from Massachusetts funders.

ME
MN
MA

In-state vs out-of-state, by year

’20
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $3.7M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TRANSHEALTH INC has grown faster than three-quarters of the 8,121 health nonprofits its size.

Operating margin−9% · bottom quartile
Months of reserve1.0mo · bottom quartile
Revenue growth (annualized)74% · top quartile

this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024

Government funding TRANSHEALTH INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $240k on record.

State$240k
21
22
23
24
25
Top programs
  • (RR) BENEFIT PROGRAMS$142k
  • (PP) STATE AID/POL SUB$96k
  • (EE) ADMINISTRATIVE EXPENSES$2k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like TRANSHEALTH INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

54% of spending goes to programs.

Program 54%Management 46%Fundraising 0%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for TRANSHEALTH INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TRANSHEALTH INC?
TRANSHEALTH INC (Massachusetts) receives grants from 15 organizations whose IRS filings report $4,714,443 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($3,472,000). 6 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does TRANSHEALTH INC have?
IRS filings report 15 organizations giving $4,714,443 in grants to TRANSHEALTH INC, 6 of which have funded it in more than one year.
Who is the largest funder of TRANSHEALTH INC?
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $3,472,000 in grants. The full list of funders is on this page.
How can an organization like TRANSHEALTH INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Transhealth →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing