Amherst Railway Society Inc

Analysis

Amherst Railway Society Inc is a registered charity in United States, based in Monson, MA. It received its IRS tax-exemption ruling in October 1984, 42 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Amherst Railway Society Inc reported income of $361k and spending of $288k, leaving 20% of income unspent that year. Across the 2 years on record, from June 2020 to June 2022, income fell from $459k to $361k (-21%), an average of -21% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amherst Railway Society Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Black Girls Film Camp ($361k), Hallockville Inc ($361k) and Youth Inc of Southern Indiana ($361k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 6.4% and program service revenue 92% of the total. Other salaries and wages came to $46k. At year end it held assets of $432k against liabilities of $152k, net assets of $280k.