Brookings Area Transit Authority

Analysis

Brookings Area Transit Authority is a registered charity in United States, based in Brookings, SD. It received its IRS tax-exemption ruling in September 1992, 34 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 September 2023, Brookings Area Transit Authority reported income of $2.1m and spending of $2.0m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $2.1m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to September 2020, when income rose by 20%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brookings Area Transit Authority sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within SD. Charities of a similar size with the same main cause include Itasca Life Options ($2.1m), Tender Hearts Girls Home Inc ($2.1m) and Covenant Community Services Inc ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $87k (4.4% of expenses). Other salaries and wages came to $955k. At year end it held assets of $2.6m against liabilities of $94k, net assets of $2.6m. It reported 46 employees.