Student Transport Inc

Analysis

Student Transport Inc is a registered charity in United States, based in East Point, GA. It received its IRS tax-exemption ruling in March 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Student Transport Inc reported income of $4.5m and spending of $4.9m, spending 108% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $7.5m to $4.5m (-40%), an average of -12% a year. The sharpest change came in the year to May 2020, when income dropped by 37%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Student Transport Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Oakmeadow Montessori School Inc ($4.5m), Shrine of Our Lady of Guadalupe of the Diocese of LA Crosse Inc ($4.5m) and Coastalaska Inc ($4.5m).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $6.6m against liabilities of $840k, net assets of $5.8m. It reported 51 employees.