Sterling Track Club Inc

Analysis

Sterling Track Club Inc is a registered charity in United States, based in Sterling, IL. It received its IRS tax-exemption ruling in June 1986, 40 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 2023, Sterling Track Club Inc reported income of $275k and spending of $221k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $275k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sterling Track Club Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Lanier Canoe & Kayak Club ($275k), USA Golf Federation Inc ($275k) and Lobo Football Booster Club Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.