Yavapai Regional Transit Inc

Analysis

Yavapai Regional Transit Inc is a registered charity in United States, based in Chino Valley, AZ. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover public and societal benefit, 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, Yavapai Regional Transit Inc reported income of $455k and spending of $465k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $389k to $455k (+17%), an average of +4.0% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yavapai Regional Transit Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within AZ. Charities of a similar size with the same main cause include Santa Barbara Youth Foundation ($455k), Little League Baseball Inc ($455k) and Chiao Tung University Alumni Foundation of America Inc ($455k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (10% of expenses). Other salaries and wages came to $177k. At year end it held assets of $346k against liabilities of $15k, net assets of $331k. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.