Pacific Northwest Truck Museum

Analysis

Pacific Northwest Truck Museum is a registered charity in United States, based in Brooks, OR. It received its IRS tax-exemption ruling in February 1994, 32 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, Pacific Northwest Truck Museum reported income of $166k and spending of $211k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $140k to $166k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacific Northwest Truck Museum 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 50th percentile, and in the 50th percentile within OR. Charities of a similar size with the same main cause include Boxley Music Fund ($166k), Sammamish Chinese Shool ($166k) and Ronald Reagan Home Preservation Foundation ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 1.0% of the total. At year end it held assets of $4.0m against liabilities of $373, net assets of $4.0m.