Root River Antique Historical Power Assn Inc

Analysis

Root River Antique Historical Power Assn Inc is a registered charity in United States, based in Grand Meadow, MN. It received its IRS tax-exemption ruling in April 1995, 31 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, Root River Antique Historical Power Assn Inc reported income of $62k and spending of $85k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $62k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Root River Antique Historical Power Assn Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MN. Charities of a similar size with the same main cause include American Chemical Society ($62k), Richmond Concert Pops Inc ($62k) and Ashby Bowhunting Foundation ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 48% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.