Hennepin-Overland Railway Historical Society Inc

Analysis

Hennepin-Overland Railway Historical Society Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1994, 32 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hennepin-Overland Railway Historical Society Inc reported income of $77k and spending of $74k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $57k to $77k (+36%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 336%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hennepin-Overland Railway Historical Society Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include Chartered Institute of Arbitrators North America Inc ($77k), Blackbeards Crew Inc ($77k) and Chicago Tamil Sangam ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 76% of the total. At year end it held assets of $385k against liabilities of $0, net assets of $385k.