Ray County Transportation Inc

Analysis

Ray County Transportation Inc is a registered charity in United States, based in Richmond, MO. It received its IRS tax-exemption ruling in December 1989, 37 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 June 2023, Ray County Transportation Inc reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $955k to $1.2m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2023, when income rose by 23%. 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, Ray County Transportation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include St Cloud Youth Hockey Association Inc ($1.2m), Youth Center Incorporated ($1.2m) and Full Armor Christian Academy ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $652k. At year end it held assets of $1.6m against liabilities of $77k, net assets of $1.6m. It reported 19 employees.