Electric Railroaders Association Inc

Analysis

Electric Railroaders Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1959, 67 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Electric Railroaders Association Inc reported income of $143k and spending of $87k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $143k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Electric Railroaders Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Lake Roland Nature Council Inc ($143k), Bettendorf Schools Parents and Athletic Boosters Inc ($143k) and Fairview Park Athletic Club Inc ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 41% of the total. At year end it held assets of $360k against liabilities of $42k, net assets of $318k.