Tri River Transit Authority

Analysis

Tri River Transit Authority is a registered charity in United States, based in Hamlin, WV. It received its IRS tax-exemption ruling in March 2001, 25 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, Tri River Transit Authority reported income of $3.0m and spending of $2.6m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.0m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri River Transit Authority 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 89th percentile, and in the 89th percentile within WV. Charities of a similar size with the same main cause include New Gateways ($3.0m), Evergreen Service Providers for Persons with Developmental Disabil ($3.0m) and Mockingbird Society ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.2% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $5.0m against liabilities of $253k, net assets of $4.8m. It reported 95 employees.