American Passenger Train History Museum Inc

Analysis

American Passenger Train History Museum Inc is a registered charity in United States, based in Charles City, IA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Passenger Train History Museum Inc reported income of $154k and spending of $11k, leaving 93% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $375k to $154k (-59%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 76%. Over the whole period it spent 3.5% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Passenger Train History Museum Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IA. Charities of a similar size with the same main cause include American Romanian Cultural Society ($153k), Blue Legacy ($154k) and Dance to Be Free ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $834k against liabilities of $14k, net assets of $820k.