DEMOGRAPHIC
ADDRESS
PO BOX 332
76043
COUNTY
somervell county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
TRANSIT SYSTEM INC is a based in GLEN ROSE, TX, focused on Unknown causes . Established in November 1993, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,143,007.00, this ranks 118,158 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 7,230 out of 202,022 organizations in TX (Top 4%).
In somervell county, TX, the organization ranks 5 out of 97 nonprofits by assets (Top 5%), while locally in glen rose, it stands at 4 among 92 organizations (Top 4%).
The organization reported annual revenue of $2,056,492.00, ranking 83,582 nationally (Top 4%) and 4,460 in TX (Top 3%).
Within its specific NTEE classification (Z99Z - Z: Unknown), which includes 3,848 similar organizations, TRANSIT SYSTEM INC ranks 449 in assets (Top 12%) and 344 in revenue (Top 9%).
The organization files a 990 (all other) or 990EZ return and operates on a July fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Services for the aged see also 153 and 382
NTEE COMMON CODE
Z: Unknown
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
08/2023
ACCOUNTING PERIOD
08
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,056,492.00
FORM 990 REVENUE AMOUNT
$2,056,492.00
RULING DATE
11/1993
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$3,143,007.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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