Twin City Model Railroad Club Inc

Analysis

Twin City Model Railroad Club Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 1979, 47 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 September 2023, Twin City Model Railroad Club Inc reported income of $713k and spending of $440k, leaving 38% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $179k to $713k (+299%), an average of +41% a year. The sharpest change came in the year to September 2021, when income rose by 83%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Twin City Model Railroad Club Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Our Town Foundation ($713k), North American Bear Center ($714k) and Project Survival ($713k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. Other salaries and wages came to $50k. At year end it held assets of $1.2m against liabilities of $190k, net assets of $1.0m. It reported 1 employees.