Trekkers Inc

Analysis

Trekkers Inc is a registered charity in United States, based in Rockland, ME. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Trekkers Inc reported income of $1.4m and spending of $975k, leaving 29% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $844k to $1.4m (+62%), an average of +13% a year. The sharpest change came in the year to August 2022, when income rose by 61%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Trekkers Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within ME. Charities of a similar size with the same main cause include Spring Klein Sports Association Incorporated ($1.4m), Capitol Youth Sports Association in C ($1.4m) and South Jersey Aquatic Club ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 85% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $69k (7.1% of expenses). Other salaries and wages came to $538k. At year end it held assets of $1.6m against liabilities of $194k, net assets of $1.4m. It reported 14 employees.