Garrett County Trails Inc

Analysis

Garrett County Trails Inc is a registered charity in United States, based in McHenry, MD. It received its IRS tax-exemption ruling in March 2009, 17 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 December 2023, Garrett County Trails Inc reported income of $65k and spending of $76k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $65k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 126% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Garrett County Trails Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include Andover Girls Traveling Basketball Association ($65k), Kingsburg Football & Volleyball Booster Club ($65k) and Equestrian Dreams for Youth Foundation Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $98k against liabilities of $1,494, net assets of $96k.