Oregon Electric Railway Historical Society Inc

Analysis

Oregon Electric Railway Historical Society Inc is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in May 1959, 67 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, Oregon Electric Railway Historical Society Inc reported income of $166k and spending of $115k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $166k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 89% 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 Electric Railway Historical Society Inc 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 Hampton Friends of the Arts Inc ($166k), Uss LST 393 Preservation Association Inc ($166k) and Liberty Place Inc ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.