Fox River Trolley Association Inc

Analysis

Fox River Trolley Association Inc is a registered charity in United States, based in South Elgin, IL. It received its IRS tax-exemption ruling in September 2020, 6 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, Fox River Trolley Association Inc reported income of $327k and spending of $338k, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $243k to $327k (+35%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fox River Trolley Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Technology Management Institute Inc ($327k), Whitewater Community Television Inc ($327k) and The Citizen Scientists League Inc ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 57% of the total. Other salaries and wages came to $67k. At year end it held assets of $656k against liabilities of $250k, net assets of $407k. It reported 19 employees.