National Railroad Hall of Fame Inc

Analysis

National Railroad Hall of Fame Inc is a registered charity in United States, based in Galesburg, IL. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, National Railroad Hall of Fame Inc reported income of $155k and spending of $149k, spending 96% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $140k to $155k (+11%), an average of +11% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Railroad Hall of Fame Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Driving School Association of the Americas Inc ($155k), Carolina Park Elementary PTO ($155k) and Providence Christian Academy ($155k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $164k against liabilities of $3,981, net assets of $160k.