Onslow United Transit System Inc
Analysis
Onslow United Transit System Inc is a registered charity in United States, based in Jacksonville, NC. It received its IRS tax-exemption ruling in July 2022, 4 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 2024, Onslow United Transit System Inc reported income of $2.2m and spending of $2.2m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.9m to $2.2m (+17%), an average of +3.9% a year. Over the whole period it spent 85% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Onslow United Transit System Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Foundation for Human Development ($2.2m), Autozoner Assistance Fund Inc ($2.2m) and Compassion Child Care ($2.2m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 57% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.5m against liabilities of $274k, net assets of $3.2m. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 42%
- Program services 57%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Foundation for Human Development | Chicago | $2.2m |
| Autozoner Assistance Fund Inc | Memphis | $2.2m |
| Compassion Child Care | Sioux Falls | $2.2m |
| Five Oaks Ag Research and Education Center Inc | Humphrey | $2.2m |