Historical Construction Equipment Association

Analysis

Historical Construction Equipment Association is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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 March 2024, Historical Construction Equipment Association reported income of $451k and spending of $265k, leaving 41% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income fell from $486k to $451k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to March 2022, when income rose by 209%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historical Construction Equipment Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within OH. Charities of a similar size with the same main cause include Marys Inn ($451k), South Montgomery Girls Softball League ($451k) and Alco Halfway House Inc ($451k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 68% and program service revenue 9.6% of the total. Compensation of current officers, directors and key employees was $90k (34% of expenses). At year end it held assets of $2.9m against liabilities of $2,740, net assets of $2.8m. It reported 3 employees.