New Braunfels Historic Railroad and Modellers Society Inc

Analysis

New Braunfels Historic Railroad and Modellers Society Inc is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in September 1987, 39 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 Braunfels Historic Railroad and Modellers Society Inc reported income of $106k and spending of $158k, spending 148% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $154k to $106k (-31%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Braunfels Historic Railroad and Modellers Society Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Andrew Housing Company ($106k), Lowndes County Historical Society ($106k) and Carrollton High School Band Booster Club Inc ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 19% of the total. Other salaries and wages came to $38k. At year end it held assets of $493k against liabilities of $3,486, net assets of $490k.