Lewes Junction Railroad and Bridge Association Inc

Analysis

Lewes Junction Railroad and Bridge Association Inc is a registered charity in United States, based in Lewes, DE. It received its IRS tax-exemption ruling in February 2020, 6 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, Lewes Junction Railroad and Bridge Association Inc reported income of $55k and spending of $15k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $55k (-46%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lewes Junction Railroad and Bridge Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within DE. Charities of a similar size with the same main cause include Dodworth Saxhorn Band ($55k), Kiarostami Foundation ($55k) and India Cultural and Education Center ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.