Yankton Transit Inc

Analysis

Yankton Transit Inc is a registered charity in United States, based in Pierre, SD. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Yankton Transit Inc reported income of $1.2m and spending of $1.3m, spending 107% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income grew from $813k to $1.2m (+45%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 50%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yankton Transit 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 81st percentile within SD. Charities of a similar size with the same main cause include Kentucky Racing Health and Welfare Fund Inc ($1.2m), Tarry House Inc ($1.2m) and Adopt a Family of Marin ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 19% of the total. Other salaries and wages came to $500k. At year end it held assets of $1.3m against liabilities of $23k, net assets of $1.3m. It reported 32 employees.