USA Track & Field Inc

Analysis

USA Track & Field Inc is a registered charity in United States, based in Augusta, ME. It received its IRS tax-exemption ruling in October 1983, 43 years ago. 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, USA Track & Field Inc reported income of $64k and spending of $80k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $110k to $64k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, USA Track & Field Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 18th percentile within ME. Charities of a similar size with the same main cause include Wyoming County Historical Society ($64k), Montessori World Educational Institute ($64k) and Vet Triip Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 48% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.