Front Runners New York Inc

Analysis

Front Runners New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1984, 42 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Front Runners New York Inc reported income of $199k and spending of $196k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $199k (+13%), an average of +13% a year. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Front Runners New York Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Battle Tested Kids Inc ($199k), Junior League of Clearwater Dunedin Inc ($199k) and Metroplex Hockey Officials Assn ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $156k against liabilities of $16k, net assets of $140k.