Denver and Rio Grande Railway Historical Foundation

Analysis

Denver and Rio Grande Railway Historical Foundation is a registered charity in United States, based in South Fork, CO. It received its IRS tax-exemption ruling in May 1998, 28 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Denver and Rio Grande Railway Historical Foundation reported income of $61k and spending of $188k, spending 306% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $92k to $61k (-33%), an average of -33% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 226% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Denver and Rio Grande Railway Historical Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include Collaborative Solutions Institute Inc ($61k), Lancaster Players Inc ($61k) and Georgetown County Historical Society ($61k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 72% of the total. Compensation of current officers, directors and key employees was $64k (34% of expenses). At year end it held assets of $888k against liabilities of $3.1m, net assets of -$2.2m. It reported 1 employees.