Northeast Transportation Connections

Analysis

Northeast Transportation Connections is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 2018, 8 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 December 2023, Northeast Transportation Connections reported income of $2.7m and spending of $1.8m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $804k to $2.7m (+231%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 193%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeast Transportation Connections sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Kaltreider-Benfer Library ($2.7m), Maru ($2.7m) and Malulani Hale ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. At year end it held assets of $1.1m against liabilities of $4,418, net assets of $1.1m.