Davidson Transit Organization

Analysis

Davidson Transit Organization is a registered charity in United States, based in Madison, TN. It received its IRS tax-exemption ruling in June 1993, 33 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 2024, Davidson Transit Organization reported income of $79.6m and spending of $79.6m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $59.3m to $79.6m (+34%), an average of +6.1% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davidson Transit Organization sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Sturdy Health Inc ($79.5m), Neomed Center Inc ($79.8m) and Lifebanc ($79.3m).

Compensation of current officers, directors and key employees was $833k (1.0% of expenses). Other salaries and wages came to $44.5m. At year end it held assets of $3.1m against liabilities of $3.1m, net assets of $0. It reported 1,007 employees.