Model T Ford Club of America

Analysis

Model T Ford Club of America is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in June 2002, 24 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 December 2023, Model T Ford Club of America reported income of $553k and spending of $375k, leaving 32% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income grew from $395k to $553k (+40%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 334%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Model T Ford Club of America sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include International Printing Museum Foundation ($553k), Center for the Creative Arts Inc ($553k) and Baton Rouge Ballet Theatre Inc ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $60k (16% of expenses). Other salaries and wages came to $54k. At year end it held assets of $1.8m against liabilities of $155k, net assets of $1.7m. It reported 4 employees.