Puget Sound Antique Tractor and Machinery Association

Analysis

Puget Sound Antique Tractor and Machinery Association is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in February 1977, 49 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, Puget Sound Antique Tractor and Machinery Association reported income of $147k and spending of $79k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $147k (+71%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Puget Sound Antique Tractor and Machinery Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Womans Art Club of Cincinnati Foundation ($147k), Katonah Classic Stage Inc ($147k) and Ballet Etudes ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $483k against liabilities of $0, net assets of $483k.