Baltimore and Ohio Railroad Historical Society

Analysis

Baltimore and Ohio Railroad Historical Society is a registered charity in United States, based in Sykesville, MD. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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 August 2022, Baltimore and Ohio Railroad Historical Society reported income of $201k and spending of $92k, leaving 54% of income unspent that year. Across the 4 years on record, from August 2019 to August 2022, income grew from $115k to $201k (+75%), an average of +20% a year. The sharpest change came in the year to August 2022, when income rose by 113%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Baltimore and Ohio Railroad Historical Society sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MD. Charities of a similar size with the same main cause include Pomeroy Living History Farm ($201k), Goodman Armstrong Rescue Squad Inc ($201k) and Coachella Valley Symphony ($201k).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 87% and program service revenue 6.1% of the total. At year end it held assets of $895k against liabilities of $203, net assets of $895k.