Abilene and Smoky Valley Railroad Association

Analysis

Abilene and Smoky Valley Railroad Association is a registered charity in United States, based in Abilene, KS. It received its IRS tax-exemption ruling in November 1993, 33 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, Abilene and Smoky Valley Railroad Association reported income of $534k and spending of $509k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $225k to $534k (+137%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Abilene and Smoky Valley Railroad Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within KS. Charities of a similar size with the same main cause include Embodiment Project ($534k), Chicago Industrial Arts and Design Center NFP ($534k) and Dynamic Forms Inc ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $20k (3.9% of expenses). Other salaries and wages came to $14k. At year end it held assets of $414k against liabilities of $77k, net assets of $337k. It reported 7 employees.