Northern Illinois Steam Power Club

Analysis

Northern Illinois Steam Power Club is a registered charity in United States, based in Hampshire, IL. It received its IRS tax-exemption ruling in November 1995, 31 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, Northern Illinois Steam Power Club reported income of $146k and spending of $105k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $111k to $146k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 780%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern Illinois Steam Power Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Clotilda Descendants Association ($146k), 12 Dunemere Inc ($146k) and Friends of the Endries Performing Arts Center ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $673k against liabilities of $0, net assets of $673k.