Lackawanna and Wyoming Valley Chapter National Railway Historica

Analysis

Lackawanna and Wyoming Valley Chapter National Railway Historica is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in August 1974, 52 years ago. 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, Lackawanna and Wyoming Valley Chapter National Railway Historica reported income of $71k and spending of $279k, spending 394% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $71k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 297% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lackawanna and Wyoming Valley Chapter National Railway Historica sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include Little League Baseball Inc ($71k), George M Hampton Scholarship and Community Action Foundation Inc ($71k) and Celestial Church of Christ-Stafford ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.