Mississippi County Transit System Inc

Analysis

Mississippi County Transit System Inc is a registered charity in United States, based in East Prairie, MO. It received its IRS tax-exemption ruling in June 1992, 34 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mississippi County Transit System Inc reported income of $469k and spending of $376k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $359k to $469k (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mississippi County Transit System Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within MO. Charities of a similar size with the same main cause include Washington State Arts Alliance Foundation ($469k), Mission Inn Foundation ($469k) and Northern Lakes Economic Alliance ($469k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $71k (19% of expenses). Other salaries and wages came to $143k. At year end it held assets of $795k against liabilities of $17k, net assets of $778k. It reported 9 employees.