American Public Transit Foundation

Analysis

American Public Transit Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American Public Transit Foundation reported income of $298k and spending of $435k, spending 146% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $344k to $298k (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Public Transit Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 35th percentile within DC. Charities of a similar size with the same main cause include Golden Apple Foundation of Rockford ($298k), Novato Foundation for Public Education ($298k) and George West Education Foundation Inc ($298k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $3.7m against liabilities of $96k, net assets of $3.6m.