Ligonier Valley Rail Road Association

Analysis

Ligonier Valley Rail Road Association is a registered charity in United States, based in Ligonier, PA. It received its IRS tax-exemption ruling in July 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, Ligonier Valley Rail Road Association reported income of $67k and spending of $48k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $67k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ligonier Valley Rail Road Association sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include Foundation of the Arkansas Sports Hall of Fame ($67k), 1857 Foundation Inc ($67k) and Spark for the Arts ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.6% of the total. At year end it held assets of $687k against liabilities of $82, net assets of $687k.