Train Collectors Association

Analysis

Train Collectors Association is a registered charity in United States, based in Strasburg, PA. It received its IRS tax-exemption ruling in May 1975, 51 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2023, Train Collectors Association reported income of $1.4m and spending of $1.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.4m (-7.0%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Train Collectors Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within PA. Charities of a similar size with the same main cause include Hawaiian Island Twisters ($1.4m), Piedmont Triad Football Club ($1.4m) and Northwest Ultimate Association ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $60k (4.6% of expenses). Other salaries and wages came to $390k. At year end it held assets of $7.2m against liabilities of $767k, net assets of $6.4m. It reported 10 employees.