Western New York Railway Historical Society Inc

Analysis

Western New York Railway Historical Society Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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, Western New York Railway Historical Society Inc reported income of $214k and spending of $158k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $271k to $214k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 151%. Over the whole period it spent 29% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western New York Railway Historical Society Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Harwich Athletic Association Inc ($214k), Little League Baseball Inc ($214k) and Our Lady of Victory School Fund Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 33% of the total. At year end it held assets of $5.4m against liabilities of $586k, net assets of $4.9m.