Senior Transportation Services Inc

Analysis

Senior Transportation Services Inc is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in June 1981, 45 years ago. 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 2024, Senior Transportation Services Inc reported income of $226k and spending of $203k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $188k to $226k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Transportation Services Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Title Track ($226k), Orange-Calhoun-Allendale-Bamberg Community Development Corporation ($226k) and Highlands Emergency Council Inc ($226k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Other salaries and wages came to $105k. At year end it held assets of $69k against liabilities of $1,716, net assets of $67k. It reported 2 employees.