Community Transportation Network Inc

Analysis

Community Transportation Network Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Transportation Network Inc reported income of $2.4m and spending of $2.6m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $2.4m (+11%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Transportation Network Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Choices for Families Inc ($2.4m), Individual Empowerment Inc ($2.4m) and Grow Ohio Valley Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $86k (3.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.3m against liabilities of $887k, net assets of $3.4m. It reported 47 employees.