Butte Regional Transportation Corporation

Analysis

Butte Regional Transportation Corporation is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Butte Regional Transportation Corporation reported income of $213k and spending of $1.8m, spending 834% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $213k (-91%), an average of -44% a year. The sharpest change came in the year to June 2020, when income dropped by 87%. Over the whole period it spent 436% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Butte Regional Transportation Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Northfield Day Care Center Corporation ($213k), Fentress Hope Foundation ($213k) and Zoe Ministries Inc ($213k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $26.1m against liabilities of $22.2m, net assets of $3.8m.

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.