Commuter Link Incorporated

Analysis

Commuter Link Incorporated is a registered charity in United States, based in Merrick, NY. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Commuter Link Incorporated reported income of $832k and spending of $792k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $824k to $832k (+1.0%), an average of +0.3% a year. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Commuter Link Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Buffalo & Erie County Regional Development Corp ($832k), BTV Access Corp ($832k) and Opelika Chamber Foundation ($832k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $139k (18% of expenses). Other salaries and wages came to $468k. At year end it held assets of $622k against liabilities of $55k, net assets of $567k. It reported 9 employees.