Airport Corridor Transportation Assoc

Analysis

Airport Corridor Transportation Assoc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 2000, 26 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 September 2023, Airport Corridor Transportation Assoc reported income of $1.1m and spending of $792k, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $973k to $1.1m (+9.3%), an average of +2.2% a year. The sharpest change came in the year to September 2023, when income rose by 17%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Airport Corridor Transportation Assoc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Lakeview Community Resources Inc ($1.1m), Maryland Association of Community Colleges Inc ($1.1m) and Pottsville Free Public Library ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $135k (17% of expenses). Other salaries and wages came to $92k. At year end it held assets of $779k against liabilities of $105k, net assets of $674k. It reported 3 employees.