I and I Antique Tractor and Gas Engine Club

Analysis

I and I Antique Tractor and Gas Engine Club is a registered charity in United States, based in Penfield, IL. It received its IRS tax-exemption ruling in March 1997, 29 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, I and I Antique Tractor and Gas Engine Club reported income of $1.3m and spending of $947k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $917k to $1.3m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 216%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, I and I Antique Tractor and Gas Engine Club sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include San Diego Musical Theatre ($1.3m), The Boulder Ballet ($1.3m) and Arts for Learning Connecticut ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 91% of the total. Other salaries and wages came to $3,345. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.