National Railway Historical Society Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE NATIONAL RAILWAY HISTORICAL SOCIETY PROMOTES RAILWAY HERITAGE PRESERVATION AND EDUCATES ITS MEMBERS AND THE PUBLIC ABOUT RAIL TRANSPORTATION, ITS HISTORY AND IMPACT, WITH A FOCUS ON NORTH AMERICA.
- Income
- $455,908
- Spending
- $534,882
- Spent on programs
- 62%
- Reserves
- -0.5 months of spending
- Largest source of income
- donations and private grants, 65%
- Employees
- 0
- Volunteers
- 40
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 15 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 98% of what it owns.
Living within its means
0 of 15Spending exceeded income by 17% of income.
Income trend
5 of 15Income fell 11% on the year before.
Spending floor
8 of 1562% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $78,662 spent. CONVENTION: A NATIONAL CONVENTION IS HELD ANNUALLY AT A LOCATION OF RAIL HISTORY SIGNIFICANCE AND ATTENDED BY SEVERAL HUNDRED PEOPLE. CONVENTION ACTIVITIES INCLUDE SEMINARS, FIELD TRIPS TO VISIT RAILROADS, HISTORICAL RAILROAD SITES, INSPECT RAIL FACILITIES, OBSERVE OPERATION OF PRESERVED RAILROAD EQUIPMENT AND RAIL EXCURSIONS, OFTEN ON RAIL LINES WHICH RARELY HAVE PASSENGER TRAIN SERVICE. THE SOCIETY'S CONVENTIONS ARE OPEN TO MEMBERS OF THE GENERAL PUBLIC INTERESTED IN RAILWAY HISTORY. THE 2024 CONVENTION WAS HELD IN HARRISBURG, PENNSYLVANIA AND WAS ATTENDED BY 250 PEOPLE.
- $46,261 spent. RAILCAMP: THE SOCIETY OPERATES TWO (2) ONE-WEEK SESSIONS OF RAILCAMP, A TRAINING PROGRAM OF SEMINARS AND FIELD TRIPS OPEN TO HIGH SCHOOL STUDENTS FROM 9TH TO 12TH GRADE, TO PROVIDE A BACKGROUND IN RAILROAD HISTORY PRESERVATION, RAILROAD HISTORY INTERPRETATION, WHICH INVOLVES LEARNING HOW TO TELL THE STORY OF RAILROAD HISTORY TO THE GENERAL PUBLIC, ALONG WITH RAILROAD OPERATION AND TRANSPORTATION CAREER OPPORTUNITIES.
- $135,750 spent. GRANTS: SINCE 1994, THE NATIONAL RAILWAY HISTORICAL SOCIETY HAS AWARDED GRANTS FOR PROJECTS THAT PRESERVE, RESEARCH, EDUCATE, OR PUBLISH RAILWAY HISTORY. EXAMPLE PROJECTS INCLUDE RAILROAD STRUCTURE AND EQUIPMENT STABILIZATION, MECHANICAL REPAIRS, PRESERVATION AND RESTORATION, BOOK PUBLICATION, CATALOGING OF ARCHIVAL MATERIALS, AND ORAL HISTORY PRODUCTIONS. THE PROGRAM IS OPEN TO NRHS CHAPTERS AND OTHER 501(C)(3) TAX EXEMPT ORGANIZATIONS. THE MAXIMUM AWARD IS $5,000 PER YEAR PER PROJECT.
- $72,440 spent. PUBLICATIONS: NRHS ISSUES TWO (2) PUBLICATIONS. FOUR PRINTED ISSUES OF THE "NRHS BULLETIN" WERE DISTRIBUTED TO THE MEMBERS OF THE SOCIETY. THIS PUBLICATION PROVIDES HISTORICAL DATA AND INFORMATION NOT LIKELY TO BE COVERED IN SIMILAR PUBLICATIONS AND PROVIDES A SHOWCASE FOR NEW WRITERS IN THE FIELD OF RAILROAD HISTORY. SIX ISSUES OF "NRHS NEWS" WERE DISTRIBUTED ELECTRONICALLY TO THE MEMBERS OF THE SOCIETY AND POSTED THE SOCIETY'S WEB PAGE. THREE PRINTED ISSUES OF THIS PUBLICATION WERE ALSO DISTRIBUTED. THE PURPOSE OF THIS PUBLICATION IS TO KEEP THE MEMBERS ABREAST OF CURRENT EVENTS AND ACTIVITIES TAKING PLACE IN THE SOCIETY AND IN THE FIELD OF RAILROAD HISTORY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1969.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
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