Richmond Interagency Transportation Inc

Analysis

Richmond Interagency Transportation Inc is a registered charity in United States, based in Rockingham, NC. It received its IRS tax-exemption ruling in January 2002, 24 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, Richmond Interagency Transportation Inc reported income of $1.3m and spending of $1.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Richmond Interagency Transportation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Forward Stride ($1.3m), Forjando UN Nuevo Comienzo Corp ($1.3m) and Summers County Council on Aging ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 63% of the total. Other salaries and wages came to $585k. At year end it held assets of $1.2m against liabilities of $24k, net assets of $1.2m. It reported 28 employees.