Society for the Preservation of Carter Railroad Resources

Analysis

Society for the Preservation of Carter Railroad Resources is a registered charity in United States, based in Newark, CA. It received its IRS tax-exemption ruling in February 1985, 41 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, Society for the Preservation of Carter Railroad Resources reported income of $133k and spending of $143k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $133k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for the Preservation of Carter Railroad Resources sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include The Museum of North Texas History ($133k), Nepal Education and Cultural Center Ana ($133k) and Commonwealth North Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $50k. At year end it held assets of $854k against liabilities of $1,350, net assets of $853k. It reported 11 employees.