Inland Empire Railway Historical Society

Analysis

Inland Empire Railway Historical Society is a registered charity in United States, based in Reardan, WA. It received its IRS tax-exemption ruling in April 1975, 51 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, Inland Empire Railway Historical Society reported income of $228k and spending of $289k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $255k to $228k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 168%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Inland Empire Railway Historical Society sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include San Francisco Merionettes ($228k), Charity Parity Plan Inc ($228k) and Fern 45 ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 28% of the total. At year end it held assets of $3.1m against liabilities of $990k, net assets of $2.1m.