Pacific Locomotive Association Inc

Analysis

Pacific Locomotive Association Inc is a registered charity in United States, based in Sunol, CA. It received its IRS tax-exemption ruling in October 1966, 60 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 June 2023, Pacific Locomotive Association Inc reported income of $1.7m and spending of $1.3m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.7m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2022, when income rose by 175%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacific Locomotive Association Inc 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 85th percentile within CA. Charities of a similar size with the same main cause include I Can Do That Theatre Company ($1.7m), Old Town Artisan Studio Inc ($1.7m) and South Carolina Educational Communications Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 77% of the total. At year end it held assets of $7.5m against liabilities of $3,631, net assets of $7.5m.