Arkansas Transit Association Inc

Analysis

Arkansas Transit Association Inc is a registered charity in United States, based in N Little Rock, AR. It received its IRS tax-exemption ruling in October 1983, 43 years ago. 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 December 2023, Arkansas Transit Association Inc reported income of $1.0m and spending of $883k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $975k to $1.0m (+4.5%), an average of +1.1% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arkansas Transit Association Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within AR. Charities of a similar size with the same main cause include Waset Inc ($1.0m), Hope House STL ($1.0m) and Acld Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $173k (20% of expenses). Other salaries and wages came to $216k. At year end it held assets of $4.7m against liabilities of $90k, net assets of $4.6m. It reported 4 employees.