Bay Area Electric Railway Association

Analysis

Bay Area Electric Railway Association is a registered charity in United States, based in Suisun City, CA. It received its IRS tax-exemption ruling in June 1965, 61 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 September 2023, Bay Area Electric Railway Association reported income of $1.6m and spending of $1.2m, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $1.6m (+3.2%), an average of +0.8% a year. The sharpest change came in the year to September 2022, when income rose by 57%. Over the whole period it spent 55% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bay Area Electric Railway Association 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 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Parsons Dance Foundation Inc ($1.6m), Documentary Educational Resources Inc ($1.6m) and Museum of Arts & Sciences Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 60% and program service revenue 20% of the total. Other salaries and wages came to $285k. At year end it held assets of $16.3m against liabilities of $104k, net assets of $16.2m. It reported 7 employees.