Tennessee Central Railway Museum and Model Railroad Club

Analysis

Tennessee Central Railway Museum and Model Railroad Club is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Tennessee Central Railway Museum and Model Railroad Club reported income of $1.1m and spending of $749k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $743k to $1.1m (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 300%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tennessee Central Railway Museum and Model Railroad Club sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Big Brothers Big Sisters Wi Shoreline Inc ($1.1m), Federation of Youth Services ($1.1m) and American Academy for Oral Systemic Health Corp ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $38k (5.1% of expenses). At year end it held assets of $4.2m against liabilities of $9,001, net assets of $4.2m.