Amalgamated Transit Union
Amalgamated Transit Union maintains stable finances with growing assets and no reported liabilities.
EIN: 220729430 · Jersey City, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $181K |
| Total Expenses | $123K |
| Program Spending | 80% |
| Net Assets | $58K |
| Transparency Score | 85/100 |
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 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amalgamated Transit Union
Amalgamated Transit Union (EIN: 220729430) is a nonprofit organization based in Jersey City, NJ. The organization reported total revenue of $181K and total assets of $40K 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 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $123K |
| Surplus / Deficit | +$45K |
| Total Assets | $58K |
| Net Assets | $58K |
| Operating Margin | 26.7% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2023, Amalgamated Transit Union reported a surplus of $45K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Amalgamated Transit Union's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.5% | -19.6% | +345.5% |
| 2022 | +3.5% | -9.1% | +52.4% |
| 2021 | +1.0% | +19.2% | -65.5% |
| 2020 | -7.5% | -14.5% | +61.6% |
| 2019 | +5.2% | +15.2% | -12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1967 |
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 85 out of 100 (Excellent). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Amalgamated Transit Union allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $45K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size.
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:
- NTEE code is unknown, limiting classification and comparative analysis
- Lack of detailed program spending breakdown in provided data
Strengths
The following positive indicators were identified for Amalgamated Transit Union:
- Consistent revenue generation over the past decade
- Growing asset base, increasing from $2,574 in 2016 to $57,809 in 2023
- Zero reported liabilities across all filings, indicating strong financial stability
- 0% officer compensation, suggesting highly efficient leadership costs
- Consistent IRS 990 filing history, demonstrating transparency
Frequently Asked Questions about Amalgamated Transit Union
Is Amalgamated Transit Union a legitimate charity?
Amalgamated Transit Union (EIN: 220729430) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $181K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Amalgamated Transit Union spend its money?
Amalgamated Transit Union directs 80% of its spending to programs and services. Fundraising costs 5%. 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: 220729430). 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 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Amalgamated Transit Union located?
Amalgamated Transit Union is headquartered in Jersey City, New Jersey and files with the IRS under EIN 220729430.
How many years of IRS 990 filings does Amalgamated Transit Union have?
Amalgamated Transit Union has 13 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 $181K in total revenue.
Is Amalgamated Transit Union a good charity?
Based on the available financial data, the Amalgamated Transit Union appears to be a financially stable organization with consistent revenue, growing assets, and no reported liabilities. The absence of officer compensation is a positive indicator of efficiency. However, without detailed program spending information, a full assessment of its charitable impact is limited.
How has the organization's financial health changed over time?
The organization has shown consistent revenue generation, generally in the $150,000-$180,000 range annually. Assets have significantly grown from $2,574 in 2016 to $57,809 in 2023, indicating improved financial health and reserve building. Liabilities have consistently remained at $0.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or a structure where executive roles are not compensated through traditional officer salaries, which is a highly efficient model.
Are there any significant financial risks for this organization?
Based on the provided data, the organization appears to have low financial risk, with no reported liabilities and a healthy trend of asset growth. Its consistent revenue stream also contributes to stability.
Filing History
IRS 990 filing history for Amalgamated Transit Union showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Amalgamated Transit Union's revenue has grown by 25.5%, moving from $134K to $168K. Total assets increased by 40.2% over the same period, from $41K to $58K. Total functional expenses fell by 8.4%, from $135K to $123K. In its most recent filing year (2023), Amalgamated Transit Union reported a surplus of $45K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $123K | $58K | $0 | — | — |
| 2022 | $158K | $154K | $13K | $0 | — | View 990 |
| 2021 | $153K | $169K | $9K | $0 | — | View 990 |
| 2020 | $151K | $142K | $25K | $0 | — | — |
| 2019 | $163K | $166K | $15K | $0 | — | View 990 |
| 2018 | $155K | $144K | $18K | $0 | — | View 990 |
| 2017 | $154K | $151K | $6K | $0 | — | View 990 |
| 2016 | $160K | $179K | $3K | $0 | — | View 990 |
| 2015 | $153K | $163K | $21K | $0 | — | View 990 |
| 2014 | $143K | $145K | $31K | $0 | — | View 990 |
| 2013 | $136K | $135K | $33K | $0 | — | View 990 |
| 2012 | $139K | $147K | $33K | $0 | — | View 990 |
| 2011 | $134K | $135K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $123K, and assets of $58K (revenue +6.5% year-over-year).
- 2022: Revenue of $158K, expenses of $154K, and assets of $13K (revenue +3.5% year-over-year).
- 2021: Revenue of $153K, expenses of $169K, and assets of $9K (revenue +1.0% year-over-year).
- 2020: Revenue of $151K, expenses of $142K, and assets of $25K (revenue -7.5% year-over-year).
- 2019: Revenue of $163K, expenses of $166K, and assets of $15K (revenue +5.2% year-over-year).
- 2018: Revenue of $155K, expenses of $144K, and assets of $18K (revenue +0.9% year-over-year).
- 2017: Revenue of $154K, expenses of $151K, and assets of $6K (revenue -3.8% year-over-year).
- 2016: Revenue of $160K, expenses of $179K, and assets of $3K (revenue +4.7% year-over-year).
- 2015: Revenue of $153K, expenses of $163K, and assets of $21K (revenue +6.7% year-over-year).
- 2014: Revenue of $143K, expenses of $145K, and assets of $31K (revenue +5.7% year-over-year).
- 2013: Revenue of $136K, expenses of $135K, and assets of $33K (revenue -2.6% year-over-year).
- 2012: Revenue of $139K, expenses of $147K, and assets of $33K (revenue +3.8% year-over-year).
- 2011: Revenue of $134K, expenses of $135K, and assets of $41K.
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.