Yakima Valley Rail and Steam Museum Association

Analysis

Yakima Valley Rail and Steam Museum Association is a registered charity in United States, based in Toppenish, WA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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 March 2024, Yakima Valley Rail and Steam Museum Association reported income of $98k and spending of $68k, leaving 30% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income fell from $195k to $98k (-50%), an average of -16% a year. The sharpest change came in the year to March 2022, when income rose by 147%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Yakima Valley Rail and Steam Museum Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within WA. Charities of a similar size with the same main cause include Penn State Alumni Association ($98k), American Legion Baseball of Marinette Inc ($98k) and Community International and Vocational Services Charitable FD ($98k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 74% and program service revenue 19% of the total. At year end it held assets of $860k against liabilities of $1,050, net assets of $859k.