Coordinated Transportation Solutions Inc
Analysis
Coordinated Transportation Solutions Inc is a registered charity in United States, based in Trumbull, CT. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Coordinated Transportation Solutions Inc reported income of $141.8m and spending of $140.3m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $57.1m to $141.8m (+148%), an average of +26% a year. The sharpest change came in the year to September 2022, when income rose by 54%. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coordinated Transportation Solutions Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include Givedirectly Inc ($140.3m), Center for Human Development Inc ($142.1m) and Unbound ($140.0m).
On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $419k (0.3% of expenses). Other salaries and wages came to $12.2m. At year end it held assets of $20.4m against liabilities of $12.0m, net assets of $8.4m. It reported 344 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Givedirectly Inc | New York | $140.3m |
| Center for Human Development Inc | Springfield | $142.1m |
| Unbound | Kansas City | $140.0m |
| Ezer Mizion | Israel | $142.3m |