Bis-Man Transit Board

Analysis

Bis-Man Transit Board is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in March 1988, 38 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 December 2023, Bis-Man Transit Board reported income of $6.0m and spending of $5.0m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $6.0m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bis-Man Transit Board sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within ND. Charities of a similar size with the same main cause include Youth Homes ($6.0m), Our Daily Bread Food Pantry ($6.0m) and Community Connections Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $119k (2.4% of expenses). Other salaries and wages came to $121k. At year end it held assets of $8.4m against liabilities of $417k, net assets of $8.0m. It reported 3 employees.