Riverfront Trolley Association Inc

Analysis

Riverfront Trolley Association Inc is a registered charity in United States, based in Astoria, OR. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Riverfront Trolley Association Inc reported income of $489k and spending of $74k, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $489k (+610%), an average of +610% a year. The sharpest change came in the year to December 2023, when income rose by 610%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Riverfront Trolley Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OR. Charities of a similar size with the same main cause include Isanti County Agricultural Society ($489k), Big Brothers Big Sisters of the Capital Region Inc ($489k) and Cancer Pathways Midwest Inc ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $590k against liabilities of -$10, net assets of $590k.