Northeast Kansas Transit Council Inc

Analysis

Northeast Kansas Transit Council Inc is a registered charity in United States, based in Hiawatha, KS. It received its IRS tax-exemption ruling in December 1994, 32 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 June 2023, Northeast Kansas Transit Council Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $601k to $1.1m (+77%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northeast Kansas Transit Council 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 81st percentile within KS. Charities of a similar size with the same main cause include We the Veterans Foundation ($1.1m), Urgent Inc ($1.1m) and Green Beret Project ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $164k against liabilities of $159k, net assets of $4,275.

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.