Oregon Coast Scenic Railroad

Analysis

Oregon Coast Scenic Railroad is a registered charity in United States, based in Tillamook, OR. It received its IRS tax-exemption ruling in June 2005, 21 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 December 2023, Oregon Coast Scenic Railroad reported income of $1.8m and spending of $2.0m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $770k to $1.8m (+129%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oregon Coast Scenic Railroad sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Stockton Symphony Association Inc ($1.8m), Media Arts Center San Diego ($1.8m) and Burritt Museum Association Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $107k (5.4% of expenses). Other salaries and wages came to $305k. At year end it held assets of $1.1m against liabilities of $1.2m, net assets of -$133k. It reported 18 employees.