Bradford Ohio Railroad Museum Inc

Analysis

Bradford Ohio Railroad Museum Inc is a registered charity in United States, based in Bradford, OH. It received its IRS tax-exemption ruling in March 2003, 23 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 October 2023, Bradford Ohio Railroad Museum Inc reported income of $72k and spending of $22k, leaving 70% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income fell from $93k to $72k (-22%), an average of -6.1% a year. The sharpest change came in the year to October 2022, when income dropped by 64%. Over the whole period it spent 18% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bradford Ohio Railroad Museum Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Memphis Chapter of the National Coalition of 100 Black Women ($72k), FCD Chinese School Inc ($72k) and Alpharetta Raiders Theatre & Speech Association Inc ($72k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.