Little River Railroad Inc

Analysis

Little River Railroad Inc is a registered charity in United States, based in Fremont, IN. It received its IRS tax-exemption ruling in July 1974, 52 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 December 2023, Little River Railroad Inc reported income of $98k and spending of $93k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $99k to $98k (-1.1%), an average of -1.1% a year. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little River Railroad Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within IN. Charities of a similar size with the same main cause include Sainte Claire Historic Preservation Foundation ($98k), Friends Of@berlin Performing Arts ($98k) and Theatremoves Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $224k against liabilities of $36k, net assets of $188k.