Buses International

Analysis

Buses International is a registered charity in United States, based in Lorain, OH. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Buses International reported income of $318k and spending of $246k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $318k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Buses International sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Kiran Anjali Project ($317k), Tom Deierlein Foundation Inc ($318k) and Ruel Foundation USA ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 156% of the total. Compensation of current officers, directors and key employees was $68k (27% of expenses). Other salaries and wages came to $117k. At year end it held assets of $396k against liabilities of $416, net assets of $396k. It reported 5 employees.