LA Porte County Historical Steam Society Inc

Analysis

LA Porte County Historical Steam Society Inc is a registered charity in United States, based in LA Porte, IN. It received its IRS tax-exemption ruling in March 1969, 57 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, LA Porte County Historical Steam Society Inc reported income of $339k and spending of $325k, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $307k to $339k (+10%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 233%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, LA Porte County Historical Steam Society Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Anderson Abruzzo International Balloon Museum Foundation ($339k), Mid-Atlantic Gigabit Innovation Collaboratory Inc ($339k) and Dayton Liederkranz-Turners Inc ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $87k (27% of expenses). At year end it held assets of $2.0m against liabilities of $2,913, net assets of $2.0m. It reported 1 employees.