Western Maryland Railway Historical Society Incorporated
EIN: 526075969 · Union Bridge, MD
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $56K |
| Net Assets | $603K |
Is Western Maryland Railway Historical Society Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western Maryland Railway Historical Society Incorporated
Western Maryland Railway Historical Society Incorporated (EIN: 526075969) is a nonprofit organization based in Union Bridge, MD. The organization reported total revenue of $136K and total assets of $631K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Maryland Railway Historical Society Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Maryland Railway Historical Society Incorporated is a small nonprofit that has been operating for 59 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $95K |
| Total Expenses | $56K |
| Surplus / Deficit | +$39K |
| Total Assets | $603K |
| Net Assets | $603K |
| Operating Margin | 40.9% |
| Months of Reserves | 129.0 months |
Financial Health Grade: A
In 2023, Western Maryland Railway Historical Society Incorporated reported a surplus of $39K with revenue exceeding expenses, holds 129.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Western Maryland Railway Historical Society Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.8% | -2.0% | +6.9% |
| 2022 | +0.8% | +32.3% | +2.9% |
| 2021 | +13.9% | +9.2% | +5.6% |
| 2020 | +11.2% | -8.0% | +4.9% |
| 2019 | -18.8% | -9.2% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western Maryland Railway Historical Society Incorporated has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Western Maryland Railway Historical Society Incorporated with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
Frequently Asked Questions about Western Maryland Railway Historical Society Incorporated
Is Western Maryland Railway Historical Society Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Maryland Railway Historical Society Incorporated (EIN: 526075969) insufficient data. 0 red flags identified, 0 strengths noted.
How does Western Maryland Railway Historical Society Incorporated spend its money?
Detailed spending breakdown data is not yet available for Western Maryland Railway Historical Society Incorporated. Check back for updated IRS 990 analysis.
Are donations to Western Maryland Railway Historical Society Incorporated tax-deductible?
Western Maryland Railway Historical Society Incorporated is registered as a tax-exempt nonprofit (EIN: 526075969). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Western Maryland Railway Historical Society Incorporated located?
Western Maryland Railway Historical Society Incorporated is headquartered in Union Bridge, Maryland and files with the IRS under EIN 526075969.
How many years of IRS 990 filings does Western Maryland Railway Historical Society Incorporated have?
Western Maryland Railway Historical Society Incorporated has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $136K in total revenue.
Filing History
IRS 990 filing history for Western Maryland Railway Historical Society Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Western Maryland Railway Historical Society Incorporated's revenue has grown by 177.2%, moving from $34K to $95K. Total assets increased by 61.2% over the same period, from $374K to $603K. Total functional expenses rose by 31.9%, from $43K to $56K. In its most recent filing year (2023), Western Maryland Railway Historical Society Incorporated reported a surplus of $39K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $95K | $56K | $603K | $0 | — | View 990 |
| 2022 | $73K | $57K | $564K | $0 | — | — |
| 2021 | $73K | $43K | $549K | $0 | — | View 990 |
| 2020 | $64K | $40K | $519K | $0 | — | View 990 |
| 2019 | $57K | $43K | $495K | $0 | — | View 990 |
| 2018 | $71K | $47K | $486K | $5K | — | View 990 |
| 2017 | $89K | $33K | $475K | $17K | — | View 990 |
| 2016 | $96K | $83K | $402K | $0 | — | View 990 |
| 2015 | $41K | $33K | $389K | $0 | — | View 990 |
| 2014 | $61K | $51K | $381K | $0 | — | View 990 |
| 2013 | $31K | $38K | $379K | $8K | — | View 990 |
| 2012 | $62K | $32K | $396K | $17K | — | View 990 |
| 2011 | $34K | $43K | $374K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $95K, expenses of $56K, and assets of $603K (revenue +29.8% year-over-year).
- 2022: Revenue of $73K, expenses of $57K, and assets of $564K (revenue +0.8% year-over-year).
- 2021: Revenue of $73K, expenses of $43K, and assets of $549K (revenue +13.9% year-over-year).
- 2020: Revenue of $64K, expenses of $40K, and assets of $519K (revenue +11.2% year-over-year).
- 2019: Revenue of $57K, expenses of $43K, and assets of $495K (revenue -18.8% year-over-year).
- 2018: Revenue of $71K, expenses of $47K, and assets of $486K (revenue -20.9% year-over-year).
- 2017: Revenue of $89K, expenses of $33K, and assets of $475K (revenue -6.9% year-over-year).
- 2016: Revenue of $96K, expenses of $83K, and assets of $402K (revenue +135.9% year-over-year).
- 2015: Revenue of $41K, expenses of $33K, and assets of $389K (revenue -33.1% year-over-year).
- 2014: Revenue of $61K, expenses of $51K, and assets of $381K (revenue +97.8% year-over-year).
- 2013: Revenue of $31K, expenses of $38K, and assets of $379K (revenue -50.7% year-over-year).
- 2012: Revenue of $62K, expenses of $32K, and assets of $396K (revenue +82.1% year-over-year).
- 2011: Revenue of $34K, expenses of $43K, and assets of $374K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Maryland Railway Historical Society Incorporated:
Data Sources and Methodology
This transparency report for Western Maryland Railway Historical Society Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.