Colorado Railroad Historical Foundation Inc

Analysis

Colorado Railroad Historical Foundation Inc is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in October 1964, 62 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, Colorado Railroad Historical Foundation Inc reported income of $3.5m and spending of $3.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.5m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 77% 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 Railroad Historical Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include Livermore Valley Performing Arts Center ($3.5m), The York Theatre Company Inc ($3.5m) and Rev Birmingham Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $127k (3.7% of expenses). Other salaries and wages came to $851k. At year end it held assets of $12.7m against liabilities of $708k, net assets of $12.0m. It reported 21 employees.