Goshen Historic Track Inc

Analysis

Goshen Historic Track Inc is a registered charity in United States, based in Goshen, NY. It received its IRS tax-exemption ruling in September 1979, 47 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goshen Historic Track Inc reported income of $955k and spending of $936k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $955k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Goshen Historic Track Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Las Vegas Natural History Museum ($955k), Capital Region Classical Inc ($955k) and Library Study Hall ($954k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 7.4% of the total. Other salaries and wages came to $197k. At year end it held assets of $2.6m against liabilities of $30k, net assets of $2.5m. It reported 5 employees.