Underground Railroad History Project of the Capital Region

Analysis

Underground Railroad History Project of the Capital Region is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in January 2004, 22 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, Underground Railroad History Project of the Capital Region reported income of $692k and spending of $228k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $692k (+232%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 135%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Underground Railroad History Project of the Capital Region sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Academy of Model Aeronautics Foundation ($691k), Ewm Inc ($692k) and Mens Health Network ($691k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.0% of the total. Compensation of current officers, directors and key employees was $44k (19% of expenses). Other salaries and wages came to $104k. At year end it held assets of $1.6m against liabilities of $118k, net assets of $1.5m. It reported 7 employees.