Mad River and NKP Railroad Society

Analysis

Mad River and NKP Railroad Society is a registered charity in United States, based in Bellevue, OH. It received its IRS tax-exemption ruling in May 1975, 51 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, Mad River and NKP Railroad Society reported income of $131k and spending of $109k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $188k to $131k (-30%), an average of -8.7% a year. The sharpest change came in the year to December 2021, when income rose by 315%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mad River and NKP Railroad Society 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 44th percentile within OH. Charities of a similar size with the same main cause include Latinx Playwrights Circle Inc ($131k), Elite Naach Academy ($131k) and Perkins Mansion Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 26% of the total. Other salaries and wages came to $4,305. At year end it held assets of $1.5m against liabilities of $5,235, net assets of $1.5m. It reported 1 employees.