Volunteer Transportation Center Inc

Analysis

Volunteer Transportation Center Inc is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in April 1995, 31 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 December 2023, Volunteer Transportation Center Inc reported income of $7.0m and spending of $6.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $7.0m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 32%. 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, Volunteer Transportation Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Athens Community Council on Aging Inc ($7.0m), Horizons of Okaloosa County Inc ($7.0m) and Seasons Hospice Inc ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $127k (1.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.4m against liabilities of $318k, net assets of $2.0m. It reported 41 employees.