Jolley Trolley Transportation of Clearwater Inc

Analysis

Jolley Trolley Transportation of Clearwater Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 September 2023, Jolley Trolley Transportation of Clearwater Inc reported income of $4.1m and spending of $3.7m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.2m to $4.1m (+29%), an average of +6.5% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jolley Trolley Transportation of Clearwater Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Northeast Indiana Inc ($4.1m), East Los Angeles Remarkable Citizens Association Inc ($4.1m) and American Civil Liberties Union Fund of Michigan ($4.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $192k (5.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.3m against liabilities of $1.0m, net assets of $3.3m. It reported 86 employees.