Grand Concourse Railroad Inc

Analysis

Grand Concourse Railroad Inc is a registered charity in United States, based in Tarpon SPGS, FL. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Grand Concourse Railroad Inc reported income of $122k and spending of $61k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $122k (+35%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grand Concourse Railroad Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Ignite Life ($121k), The Grassland School Community Association Inc ($122k) and The Andalusia Kiwanis Club Foundation Inc ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 91% of the total. At year end it held assets of $271k against liabilities of $33k, net assets of $238k.