Boston & Maine Railroad Historical Society Inc

Analysis

Boston & Maine Railroad Historical Society Inc is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Boston & Maine Railroad Historical Society Inc reported income of $83k and spending of $68k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $46k to $83k (+81%), an average of +81% a year. The sharpest change came in the year to June 2024, when income rose by 81%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Boston & Maine Railroad Historical Society Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Blue Hill Bach ($82k), J D Martinez Ministries ($83k) and Illinois Labor History Society ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 2.0% of the total. At year end it held assets of $256k against liabilities of $9, net assets of $256k.