Hoosier Valley Railroad Museum Inc

Analysis

Hoosier Valley Railroad Museum Inc is a registered charity in United States, based in North Judson, IN. It received its IRS tax-exemption ruling in April 1987, 39 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 September 2023, Hoosier Valley Railroad Museum Inc reported income of $238k and spending of $221k, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $123k to $238k (+94%), an average of +18% a year. The sharpest change came in the year to September 2021, when income rose by 81%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hoosier Valley Railroad Museum Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include Estes Park Post 119 Charitable Foundation ($238k), Jewish Historical Society of Greater Hartford ($238k) and International Society of Glass Beadmakers Inc ($238k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 27% and program service revenue 50% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.