Hocking Valley Scenic Railway Company

Analysis

Hocking Valley Scenic Railway Company is a registered charity in United States, based in Nelsonville, OH. It received its IRS tax-exemption ruling in September 1972, 54 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 December 2023, Hocking Valley Scenic Railway Company reported income of $804k and spending of $755k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $804k (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hocking Valley Scenic Railway Company sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include New Fair Lawn All-Sports Association Inc ($802k), Run Wild Missoula Inc ($805k) and Zona Volleyball Club Inc ($802k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Other salaries and wages came to $212k. At year end it held assets of $645k against liabilities of $4,797, net assets of $640k. It reported 16 employees.