Trac Reports Inc

Analysis

Trac Reports Inc is a registered charity in United States, based in Baldwinsville, NY. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Trac Reports Inc reported income of $348k and spending of $4,525, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $348k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Trac Reports Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Ashuelot Concerts ($348k), Paint a Miracle ($348k) and Ben Initiative ($347k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.