Friends of the Aberdeen B and O Train Station Inc

Analysis

Friends of the Aberdeen B and O Train Station Inc is a registered charity in United States, based in Aberdeen, MD. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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, Friends of the Aberdeen B and O Train Station Inc reported income of $107k and spending of $24k, leaving 77% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $178k to $107k (-40%), an average of -22% a year. The sharpest change came in the year to December 2022, when income rose by 120%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Aberdeen B and O Train Station Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within MD. Charities of a similar size with the same main cause include Koinonia Ministries Inc ($107k), Fariborz Fred Matloob Foundation ($107k) and Count Me in ($107k).

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 $487k against liabilities of $0, net assets of $487k.