Tuckahoe Steam & Gas Association

Analysis

Tuckahoe Steam & Gas Association is a registered charity in United States, based in Stevensville, MD. It received its IRS tax-exemption ruling in August 1984, 42 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, Tuckahoe Steam & Gas Association reported income of $97k and spending of $83k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $97k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 249%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tuckahoe Steam & Gas Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Unionville Tavern Preservation Society ($97k), Majestic Community Theater Foundation ($97k) and South Florida Museum Real Estate Inc ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $999k against liabilities of $3,298, net assets of $995k.