Black River Railroad Historical Trust Inc

Analysis

Black River Railroad Historical Trust Inc is a registered charity in United States, based in Pt Pleasant, NJ. It received its IRS tax-exemption ruling in December 2006, 20 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, Black River Railroad Historical Trust Inc reported income of $547k and spending of $519k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $580k to $547k (-5.8%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 691%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black River Railroad Historical Trust Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within NJ. Charities of a similar size with the same main cause include Alaska Junior Theater Inc ($547k), Americas for the Arts ($547k) and Island Etc ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. At year end it held assets of $583k against liabilities of $166k, net assets of $416k. It reported 9 employees.