The Ashe County Transportation Authority

Analysis

The Ashe County Transportation Authority is a registered charity in United States, based in W Jefferson, NC. It received its IRS tax-exemption ruling in December 1986, 40 years ago. 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 June 2023, The Ashe County Transportation Authority reported income of $1.4m and spending of $1.5m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.6m to $1.4m (-14%), an average of -5.1% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Ashe County Transportation Authority sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Mar Vista Family Center ($1.4m), Catholic Diocese of Pueblo Foundation Inc ($1.4m) and Burholme First Aid Corps ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 64% of the total. Other salaries and wages came to $729k. At year end it held assets of $1.1m against liabilities of $12k, net assets of $1.1m. It reported 27 employees.