Colorado Toy Train Foundation

Analysis

Colorado Toy Train Foundation is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2018, 8 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, Colorado Toy Train Foundation reported income of $68k and spending of $71k, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $219k to $68k (-69%), an average of -32% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Toy Train Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within CO. Charities of a similar size with the same main cause include Barn at Kill Creek Farm Association ($68k), Love Always Ministries ($68k) and Move the World ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% of the total. At year end it held assets of $614k against liabilities of $344k, net assets of $270k.