Railroad Heritage Society

Analysis

Railroad Heritage Society is a registered charity in United States, based in Orrville, OH. It received its IRS tax-exemption ruling in December 1980, 46 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, Railroad Heritage Society reported income of $88k and spending of $115k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $13k to $88k (+579%), an average of +61% a year. The sharpest change came in the year to December 2021, when income rose by 361%. Over the whole period it spent 163% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Railroad Heritage Society sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include World Voices Houston ($88k), Lakes Region Public Access-Tv Inc ($88k) and Sunrise Historic and Prehistoric Preservation Society Inc ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 80% of the total. At year end it held assets of $382k against liabilities of $111, net assets of $382k.