Citizens for Modern Transit
Analysis
Citizens for Modern Transit is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 1986, 40 years ago. 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 August 2023, Citizens for Modern Transit reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $768k to $1.2m (+51%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 31%. Over the whole period it spent 90% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Citizens for Modern Transit sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include Friend to Friend ($1.2m), Christian Communications Inc of U S a ($1.2m) and Watch Inc ($1.2m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 83% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $187k (17% of expenses). Other salaries and wages came to $110k. At year end it held assets of $3.6m against liabilities of $409k, net assets of $3.2m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 10%
- Other 7.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friend to Friend | Carthage | $1.2m |
| Christian Communications Inc of U S a | Houston | $1.2m |
| Watch Inc | Waltham | $1.2m |
| Faith Haven Inc | Tupelo | $1.2m |