Hunterdon Area Rural Transit Inc

Analysis

Hunterdon Area Rural Transit Inc is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2023, Hunterdon Area Rural Transit Inc reported income of $765k and spending of $716k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $697k to $765k (+9.7%), an average of +2.3% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hunterdon Area Rural Transit Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Volunteers of America Inc ($765k), Fort Hays State University-Nw KS Technical College Foundation ($765k) and Mt Carmel Gardens Inc ($765k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $115k (16% of expenses). Other salaries and wages came to $341k. At year end it held assets of $428k against liabilities of $36k, net assets of $392k. It reported 10 employees.