USA Track & Field Inc

Analysis

USA Track & Field Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 1983, 43 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 2022, USA Track & Field Inc reported income of $37.9m and spending of $44.7m, spending 118% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $33.5m to $37.9m (+13%), an average of +3.2% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Track & Field Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IN. Charities of a similar size with the same main cause include Charleston Educational Excellence Financing Corporation ($37.4m), Louisville Arena Authority Inc ($38.4m) and United States Equestrian Federation Inc ($35.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 21% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $4.5m (10% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $34.3m against liabilities of $33.7m, net assets of $598k. It reported 97 employees.