New Haven Railroad Historical & Technical Association Incorporated

Analysis

New Haven Railroad Historical & Technical Association Incorporated is a registered charity in United States, based in Old Saybrook, CT. It received its IRS tax-exemption ruling in January 1976, 50 years ago. 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, New Haven Railroad Historical & Technical Association Incorporated reported income of $67k and spending of $26k, leaving 61% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $33k to $67k (+101%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Haven Railroad Historical & Technical Association Incorporated sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within CT. Charities of a similar size with the same main cause include Sellersville Church and Cemetery Corp ($67k), PTA Tennessee Congress of Parents & Teachers Inc ($67k) and Mendham Independent Hook and Ladder Company ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 7.0% of the total. At year end it held assets of $501k against liabilities of $75k, net assets of $426k.