Oregon Rail Heritage Foundation

Analysis

Oregon Rail Heritage Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 2002, 24 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 (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, Oregon Rail Heritage Foundation reported income of $1.8m and spending of $741k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 241%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oregon Rail Heritage Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Golisano Childrens Museum of Naples Inc ($1.8m), One Voice Childrens Choir ($1.8m) and Applied Economics Clinic ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 35% of the total. Other salaries and wages came to $139k. At year end it held assets of $8.5m against liabilities of $658, net assets of $8.5m. It reported 3 employees.