National Railway Historical Society Old Dominion Chapter

Analysis

National Railway Historical Society Old Dominion Chapter is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in November 1964, 62 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 2022, National Railway Historical Society Old Dominion Chapter reported income of $177k and spending of $170k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $125k to $177k (+41%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 554%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Railway Historical Society Old Dominion Chapter sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within VA. Charities of a similar size with the same main cause include Oxford Film Festival ($177k), American Armory Museum ($177k) and Hammond Cultural Foundation Inc ($177k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.9% and program service revenue 10% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.