McKinney Avenue Transit Authority Inc

Analysis

McKinney Avenue Transit Authority Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1984, 42 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, McKinney Avenue Transit Authority Inc reported income of $2.0m and spending of $2.1m, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.0m (+13%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, McKinney Avenue Transit Authority Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Boy Scouts of America ($2.0m), Hunters Hope Foundation Inc ($2.0m) and Our Lady Queen of Heaven Manor ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $4.0m against liabilities of $45k, net assets of $3.9m. It reported 41 employees.