Rockbridge Area Transportation Syst

Analysis

Rockbridge Area Transportation Syst is a registered charity in United States, based in Lexington, VA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Rockbridge Area Transportation Syst reported income of $890k and spending of $822k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $735k to $890k (+21%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rockbridge Area Transportation Syst sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Assistance League of Conejo Valley ($890k), Drop-In Self-Help Center ($890k) and Mothers TR Foundation ($890k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Other salaries and wages came to $416k. At year end it held assets of $427k against liabilities of $52k, net assets of $375k.