Maryland and Pennsylvania Railroad Preservation Society

Analysis

Maryland and Pennsylvania Railroad Preservation Society is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in December 1988, 38 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, Maryland and Pennsylvania Railroad Preservation Society reported income of $343k and spending of $160k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $495k to $343k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maryland and Pennsylvania Railroad Preservation Society sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Babes Fest Inc ($343k), Tag Childrens Museum of St Augustine Inc ($343k) and Piedmont Craftsmen Inc ($343k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 7.8% of the total. At year end it held assets of $2.2m against liabilities of $180k, net assets of $2.1m.