Bucks County Transport Inc

Analysis

Bucks County Transport Inc is a registered charity in United States, based in Holicong, PA. It received its IRS tax-exemption ruling in October 1986, 40 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 June 2023, Bucks County Transport Inc reported income of $8.5m and spending of $7.7m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.8m to $8.5m (-13%), an average of -3.4% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bucks County Transport Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Hospice & Palliative Care of the Ohio Valley Inc ($8.5m), Bangor Young Mens Christian Association ($8.5m) and Agesmart Community Resources ($8.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $311k (4.0% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $7.5m against liabilities of $2.1m, net assets of $5.4m. It reported 120 employees.