Amalgamated Transit Union
Amalgamated Transit Union maintains stable finances with growing assets and no reported officer compensation.
EIN: 161766829 · E Hartford, CT · NTEE: J40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $233K |
| Total Expenses | $226K |
| Program Spending | 75% |
| Net Assets | $103K |
| Transparency Score | 75/100 |
Is Amalgamated Transit Union Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amalgamated Transit Union directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amalgamated Transit Union
Amalgamated Transit Union (EIN: 161766829) is a nonprofit organization based in E Hartford, CT, classified under NTEE code J40. The organization reported total revenue of $233K and total assets of $140K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amalgamated Transit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amalgamated Transit Union is a small nonprofit that has been operating for 86 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $226K |
| Surplus / Deficit | $-23,068 |
| Total Assets | $103K |
| Total Liabilities | $727 |
| Net Assets | $103K |
| Operating Margin | -11.4% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 5.5 months |
Financial Health Grade: B
In 2023, Amalgamated Transit Union reported a deficit of $23K with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Amalgamated Transit Union's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.2% | +23.9% | -18.1% |
| 2022 | +16.3% | +3.3% | -6.8% |
| 2021 | -5.1% | +27.7% | -13.9% |
| 2020 | -23.3% | -26.0% | +10.8% |
| 2019 | +20.1% | -0.7% | +23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amalgamated Transit Union with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Amalgamated Transit Union allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available IRS 990 filings, suggesting either a volunteer leadership structure or that executive compensation is categorized differently, which warrants further inquiry for complete financial transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Amalgamated Transit Union's IRS 990 filings:
- Lack of detailed functional expense breakdown in summary data
- Unclear reporting of executive compensation (0% reported across all filings)
Strengths
The following positive indicators were identified for Amalgamated Transit Union:
- Consistent asset growth over the past decade (from $48,368 in 2014 to $139,977 currently)
- Generally stable financial operations, with revenue often covering expenses
- Low and well-managed liabilities across most filing periods
- Long history of IRS 990 filings (11 filings), indicating consistent compliance
Frequently Asked Questions about Amalgamated Transit Union
Is Amalgamated Transit Union a legitimate charity?
Amalgamated Transit Union (EIN: 161766829) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $233K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Amalgamated Transit Union spend its money?
Amalgamated Transit Union directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Amalgamated Transit Union tax-deductible?
Amalgamated Transit Union is registered as a tax-exempt nonprofit (EIN: 161766829). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Amalgamated Transit Union's spending goes to programs?
Amalgamated Transit Union directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Amalgamated Transit Union compare to similar nonprofits?
With a transparency score of 75/100 (Good), Amalgamated Transit Union is above average for NTEE category J40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Amalgamated Transit Union located?
Amalgamated Transit Union is headquartered in E Hartford, Connecticut and files with the IRS under EIN 161766829. It is classified under NTEE code J40.
How many years of IRS 990 filings does Amalgamated Transit Union have?
Amalgamated Transit Union has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $233K in total revenue.
Is Amalgamated Transit Union a good charity?
Based on the provided financial data, the ATU demonstrates financial stability with consistent asset growth and responsible management of liabilities. However, without detailed functional expense breakdowns (program, administrative, fundraising) and clarity on executive compensation, a full assessment of its 'goodness' as a charity is limited. Its consistent operation within its means is a positive indicator.
What is the trend in Amalgamated Transit Union's revenue and expenses?
Revenue has fluctuated but generally shows an upward trend over the decade, from $132,319 in 2014 to $233,362 currently. Expenses have largely followed a similar pattern, with the organization typically operating close to or within its revenue, though some years like 202312 ($202,615 revenue vs. $225,683 expenses) show a deficit.
How has Amalgamated Transit Union's asset base changed over time?
The organization's assets have shown significant growth, increasing from $48,368 in 2014 to $139,977 currently. This indicates a healthy accumulation of reserves and financial strengthening over the past decade.
Why is there no officer compensation reported?
The absence of reported officer compensation across all 11 filings could mean that the organization is primarily run by volunteers, or that compensation for leadership is reported under other expense categories. This lack of specific reporting makes it difficult to assess compensation practices.
Filing History
IRS 990 filing history for Amalgamated Transit Union showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Amalgamated Transit Union's revenue has grown by 70.9%, moving from $119K to $203K. Total assets increased by 113.4% over the same period, from $48K to $103K. Total functional expenses rose by 94%, from $116K to $226K. In its most recent filing year (2023), Amalgamated Transit Union reported a deficit of $23K, with expenses exceeding revenue. The organization holds $727 in liabilities against $103K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $103K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $226K | $103K | $727 | — | — |
| 2022 | $176K | $182K | $126K | $430 | — | — |
| 2021 | $151K | $176K | $135K | $3K | — | — |
| 2020 | $159K | $138K | $157K | $49 | — | — |
| 2019 | $208K | $187K | $142K | $6K | — | View 990 |
| 2018 | $173K | $188K | $115K | $118 | — | View 990 |
| 2017 | $179K | $161K | $131K | $688 | — | View 990 |
| 2016 | $177K | $152K | $113K | $675 | — | View 990 |
| 2015 | $189K | $144K | $89K | $2K | — | View 990 |
| 2014 | $132K | $127K | $48K | $7K | — | View 990 |
| 2013 | $119K | $116K | $48K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $226K, and assets of $103K (revenue +15.2% year-over-year).
- 2022: Revenue of $176K, expenses of $182K, and assets of $126K (revenue +16.3% year-over-year).
- 2021: Revenue of $151K, expenses of $176K, and assets of $135K (revenue -5.1% year-over-year).
- 2020: Revenue of $159K, expenses of $138K, and assets of $157K (revenue -23.3% year-over-year).
- 2019: Revenue of $208K, expenses of $187K, and assets of $142K (revenue +20.1% year-over-year).
- 2018: Revenue of $173K, expenses of $188K, and assets of $115K (revenue -3.1% year-over-year).
- 2017: Revenue of $179K, expenses of $161K, and assets of $131K (revenue +0.8% year-over-year).
- 2016: Revenue of $177K, expenses of $152K, and assets of $113K (revenue -6.5% year-over-year).
- 2015: Revenue of $189K, expenses of $144K, and assets of $89K (revenue +43.2% year-over-year).
- 2014: Revenue of $132K, expenses of $127K, and assets of $48K (revenue +11.6% year-over-year).
- 2013: Revenue of $119K, expenses of $116K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amalgamated Transit Union:
Data Sources and Methodology
This transparency report for Amalgamated Transit Union is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.