Fort Wayne Railroad Historical Society Inc

Analysis

Fort Wayne Railroad Historical Society Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in August 1973, 53 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, Fort Wayne Railroad Historical Society Inc reported income of $1.7m and spending of $1.4m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $1.7m (+460%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 254%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fort Wayne Railroad Historical Society Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Livenationorg Foundation ($1.7m), Camera News Inc D B a Third World Newsreel ($1.7m) and Historic Denver Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. At year end it held assets of $2.4m against liabilities of $349k, net assets of $2.0m.