Conference of Minority Transportation Officials

Analysis

Conference of Minority Transportation Officials is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in August 1984, 42 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Conference of Minority Transportation Officials reported income of $4.4m and spending of $4.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $4.4m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Conference of Minority Transportation Officials sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Lydia Place a Nonprofit Corporation ($4.4m), River City Recovery Center Inc ($4.4m) and Mid Fairfield Youth Hockey Association Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $255k (6.0% of expenses). Other salaries and wages came to $747k. At year end it held assets of $4.1m against liabilities of $1.9m, net assets of $2.2m. It reported 13 employees.