National Railway Historical Society Inc Promontory Chapter

Analysis

National Railway Historical Society Inc Promontory Chapter is a registered charity in United States, based in W Valley City, UT. It received its IRS tax-exemption ruling in March 1969, 57 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, National Railway Historical Society Inc Promontory Chapter reported income of $180k and spending of $7,058, leaving 96% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $180k (+691%), an average of +691% a year. The sharpest change came in the year to December 2023, when income rose by 691%. Over the whole period it spent 5.7% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Railway Historical Society Inc Promontory Chapter sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within UT. Charities of a similar size with the same main cause include Gretna Historical Society ($180k), Eagles Mere Historic Village Inc ($180k) and Shropshire Music Foundation ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $317k against liabilities of $0, net assets of $317k.