Billy Jones Wildcat Railroad

Analysis

Billy Jones Wildcat Railroad is a registered charity in United States, based in Los Gatos, CA. It received its IRS tax-exemption ruling in August 1968, 58 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 October 2023, Billy Jones Wildcat Railroad reported income of $730k and spending of $476k, leaving 35% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $381k to $730k (+91%), an average of +18% a year. The sharpest change came in the year to October 2021, when income rose by 1024%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Billy Jones Wildcat Railroad sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Mohan Skiing & Boarding ($729k), WGNF Inc ($730k) and Beyond Soccer Inc ($729k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 44% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $130k (27% of expenses). Other salaries and wages came to $46k. At year end it held assets of $1.4m against liabilities of $15k, net assets of $1.4m. It reported 36 employees.