American Southwestern Railway Association Inc

Analysis

American Southwestern Railway Association Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in March 1983, 43 years ago. 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 January 2024, American Southwestern Railway Association Inc reported income of $386k and spending of $351k, spending 91% of its income. Across the 4 years on record, from January 2020 to January 2024, income grew from $321k to $386k (+21%), an average of +6.4% a year. The sharpest change came in the year to January 2024, when income rose by 33%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Southwestern Railway Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Steward School Foundation ($386k), Sunrise Child Care Inc ($386k) and Leadership Evansville Incorporated ($386k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 24% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $49k (14% of expenses). Other salaries and wages came to $176k. At year end it held assets of $361k against liabilities of $8,792, net assets of $352k. It reported 22 employees.