USA Track & Field Minnesota Association

Analysis

USA Track & Field Minnesota Association is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 2024, 2 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 Minnesota Association reported income of $162k and spending of $161k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $155k to $162k (+3.9%), an average of +3.9% a year. Over the whole period it spent 92% 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 Minnesota Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include District 1 Community Council ($162k), Seraj Library Project ($162k) and Monte Vista Historical Association ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 77% of the total. At year end it held assets of $117k against liabilities of $1,047, net assets of $116k.