Community Transit of Watertown Sisseton Inc

Analysis

Community Transit of Watertown Sisseton Inc is a registered charity in United States, based in Watertown, SD. It received its IRS tax-exemption ruling in July 2020, 6 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, Community Transit of Watertown Sisseton Inc reported income of $3.3m and spending of $3.1m, spending 95% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $3.0m to $3.3m (+9.5%), an average of +3.1% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Transit of Watertown Sisseton Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within SD. Charities of a similar size with the same main cause include House of Hope Green Bay Inc ($3.3m), Christian Camps of Pittsburgh Inc ($3.3m) and Western Montana Area VI Agency on Aging ($3.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $210k (6.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.9m against liabilities of $177k, net assets of $3.7m. It reported 92 employees.