More Than a Bus

Analysis

More Than a Bus is a registered charity in United States, based in Washington, MI. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, More Than a Bus reported income of $90k and spending of $85k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $90k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, More Than a Bus sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Evergy Employee Relief Fund ($90k), Norris Power Goodwill Fund ($90k) and Farmers Market Management Services ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $1,053, net assets of $25k.