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Independent Transportation Network Monterey County

RegisteredEIN 45-3745255Salinas, CAPoverty relief
Income$742k2024-06
Spending$731ksame year
Spent / received90%5-year average
Size in its cause71st pctPoverty relief
Exempt since2012Publicly supported organisat
Employees22latest return

Analysis

Independent Transportation Network Monterey County is a registered charity in United States, based in Salinas, CA. It received its IRS tax-exemption ruling in July 2012, 14 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 2024, Independent Transportation Network Monterey County reported income of $742k and spending of $731k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $476k to $742k (+56%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Independent Transportation Network Monterey County sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Huron Area Senior Center ($742k), Hands 2 Care ($742k) and Richmond Eldercare Coalition ($742k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $124k (17% of expenses). Other salaries and wages came to $277k. At year end it held assets of $664k against liabilities of $140k, net assets of $525k. It reported 22 employees.

Income and spending

$0$186k$371k$557k$742k2020 Income: $476,2662020 Spending: $429,23520202021 Income: $516,5092021 Spending: $372,10920212022 Income: $543,4792022 Spending: $451,95820222023 Income: $609,9072023 Spending: $607,21320232024 Income: $742,1472024 Spending: $731,2502024
IncomeSpending

Where the income comes from

  • Contributions & grants 66%
  • Program services 31%
  • Other 2.7%

Similar-sized charities, same cause

CharityLocationIncome
Huron Area Senior CenterHuron$742k
Hands 2 CareHoney Brook$742k
Richmond Eldercare CoalitionRichmond$742k
New Hope House NorthwestChicago$742k