Model Railroad Club Inc

Analysis

Model Railroad Club Inc is a registered charity in United States, based in Union, NJ. It received its IRS tax-exemption ruling in April 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, Model Railroad Club Inc reported income of $76k and spending of $82k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $76k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 62%. 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, Model Railroad Club Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 37th percentile within NJ. Charities of a similar size with the same main cause include Beverley Street Studio School Incorporated ($76k), Westminster Community Artist Series Inc ($76k) and Space for Art Foundation ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. At year end it held assets of $203k against liabilities of $695, net assets of $203k.