Hawaiian Railway Society

Analysis

Hawaiian Railway Society is a registered charity in United States, based in Ewa Beach, HI. It received its IRS tax-exemption ruling in August 1972, 54 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, Hawaiian Railway Society reported income of $525k and spending of $519k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $528k to $525k (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 116%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hawaiian Railway Society 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 71st percentile, and in the 70th percentile within HI. Charities of a similar size with the same main cause include Presidio Performing Arts Foundation a Ca Non-Profit Public Benefit Cor ($525k), Automobile Gallery Inc ($525k) and North Hawaii Heritage Foundation ($525k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 73% of the total. Other salaries and wages came to $212k. At year end it held assets of $1.6m against liabilities of $4,935, net assets of $1.6m. It reported 14 employees.