Transport Assistance Inc

Analysis

Transport Assistance Inc is a registered charity in United States, based in Parma, OH. It received its IRS tax-exemption ruling in May 2015, 11 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, Transport Assistance Inc reported income of $1.1m and spending of $1.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.1m (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Transport Assistance Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Project Echo Inc ($1.1m), Volar Center for Indendent Living ($1.1m) and Mobility Danes of New England Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $451k. At year end it held assets of $126k against liabilities of $171k, net assets of -$45k. It reported 23 employees.