National Model Railroad Assn Inc

Analysis

National Model Railroad Assn Inc is a registered charity in United States, based in Soddydaisy, TN. It received its IRS tax-exemption ruling in January 1976, 50 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 December 2023, National Model Railroad Assn Inc reported income of $2.5m and spending of $1.8m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.5m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Model Railroad Assn Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include C a Community Services Inc ($2.5m), Family Center Incorporated ($2.5m) and Live Center Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 26% of the total. Other salaries and wages came to $252k. At year end it held assets of $8.6m against liabilities of $650k, net assets of $7.9m. It reported 4 employees.