Transportation Project for Cayuga County Inc

Analysis

Transportation Project for Cayuga County Inc is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in January 1977, 49 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 December 2023, Transportation Project for Cayuga County Inc reported income of $257k and spending of $284k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $266k to $257k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Transportation Project for Cayuga County Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($257k), Masonic Foundation of Utah ($257k) and Westerville Symphony at Otterbein University ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $56k (20% of expenses). Other salaries and wages came to $32k. At year end it held assets of $258k against liabilities of $5,151, net assets of $253k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.