Mini World of Trains

Analysis

Mini World of Trains is a registered charity in United States, based in Taylors, SC. It received its IRS tax-exemption ruling in August 2010, 16 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 (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, Mini World of Trains reported income of $132k and spending of $139k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $132k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 66%. 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, Mini World of Trains sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Original Oystergrass Inc ($132k), Sunstate Orquestral Program Inc ($132k) and Nez Perce County Historical Society Incorporated ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. At year end it held assets of $276k against liabilities of $12k, net assets of $264k.